Commercial Mortgage Loans
Our Commercial Mortgage Loan Programs are designed for Borrowers who currently own commercial property or are looking to acquire one. Our lending programs fill the void left by the big institutional mortgage lenders for Borrowers who have credit and income problems or for properties that just don’t meet the stringent underwriting standards of traditional banks. Many commercial lenders require $500,000 or even $1,000,000 as a minimum loan amount before even considering lending; we fill the void by funding commercial mortgages loans for amounts far below what traditional mortgage lenders will fund.
If you own a commercial building and are an Owner User, running your own business out of your own building or yo have been in business for less than 2 years and you need money to grow your business we can also help you since our Commercial Mortgage Loans are funded with private investor money we are not restricted by the underwriting requirements that many other commercial lenders must comply with when deciding to approve a commercial mortgage.
We look to the equity in the property we are financing when determining to approve a commercial mortgage loan. So if you own an existing commercial building and are looking to refinance and have sufficient equity then our company can fund your loan.
If you are looking to purchase a commercial building and have 30% to 35% as a down payment we can fund the purchase of the property. Since every borrower’s needs differ when structuring financing for their commercial building we offer various loan terms to accommodate the financing needs of our Borrowers. We DON’T have hard and fast rules relating to Debt Coverage Ratios that many other mortgage lenders live by.
If you would like to speak with one of our knowledgeable loan consultants then please call for a confidential review of your specific situation.