COMMERCIAL MORTGAGES
In banking, there is no such thing as "one size fits all." Our commercial bankers, who live and work in your community, are highly experienced in working with businesses to develop the right financial package to meet your unique business needs including credit, investment and cash management. We serve communities Nationwide and also help build them. Our line of financing options include business loans, residential construction loans, land development and commercial real estate loans were designed specifically for real estate developers and investors. . In addition, we provide a diverse mix of commercial real estate loans to meet the individual borrowing needs and investment objective of its borrowers, for both investment and owner-occupied commercial properties.
Conforming Commercial loan Program- is a conforming, owner-occupied - bank based - commercial loan program.Our borrowers get the low fixed-rates of traditional bank lending with less restrictive underwriting guidelines, higher LTVs, and 30 year term
- From $ 500,000- $18,000,000
- 25% or Greater Owner- Occupied Properties
- Traditional Commercial Properties Only
- 15,20,25,$ 30 Year Amoritization ; 3,5,10,15, Year Fixed Rates
- Up to 75% LTV/ 75% CLTV ; Below Prime Rates ; No Balloons or Calls; Cash OUt to 40% of Loan Amount; Fixed Declining Prepayment; Minimal Impoiund Reserves; Full Document - Personal Recourse;
Non- Conforming Loan Program - Is a non. conforming , owner- occupied or investor commerical loan program providing up to 90% commercial Financing and 30 year fixed rate terms , for both traditional and non- traditional commercial properties.
- From $ 250,000- $ 5,000,000
- Owner- Occupied Properties or Investor Properties
- Traditional or Non-Traditional Commercial Properties
- Full Document, Low-Doc, and Stated Income Options
- Owner- Occupied Stated Income Commercial Loans to 90% LTV
- 30 Year Amoritization ; 3 Monthi 2,5,& 30 Year Fixed
- 90% LTV on Purchase; 85% LTV on Refinances; Cash Out Refinances up to 75%; 85% LTV on Refinances
- Cash out up to 40% of Loan Amount
- Low Minimum 1.25 DSCR
Small Balance Commercial Loan Program- This program provides fast, flexible commercial financing for small commercial mortgages under $2 million. Streamlined commercial loan process saves borrowers both time and money. Up to 90% commercial financing, residential style of underwriting, reduced document requirements, and no monthly or annual reporting requirements simplify commercial lending.
Stated- Income Commercial Loan Program-stated income commercial loans provide competitive commercial financing for borrowers requiring a reduced document or stated income option for the acquisition or refinancing of commercial property. This program does not require personal or business tax returns, personal financial statements, and has no monthly or annual reporting requirements.
Land Acquisition Loans- On a limited basis, we will consider multi-phase projects, large planned unit developments or even raw land .
Commercial Business Loans-Every business faces seasonal or business fluctuations, a need to purchase new equipment, or even some extra cash to take the business to a new level. As business needs get more complex, it helps to have a financial advisor and banker who understand the challenges businesses face every day in the communities we serve.
Contact us to apply today.
