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Small Balance Commercial

Considering purchasing or refinancing investment real estate and require financing under $7MM? Since launching our $225MM financing envelope in 2014, we've emerged as a national leader in the origination of commercial & investment real estate loans under $7MM.  Take advantage of our Small Balance program that is designed to capture financing opportunities that were passed on by depository lenders.

 

Lending Parameters

Transaction Type: Purchase, Refinance, & Cash Out Refinance

LTV: 75% Max LTV (based upon asset and location)

Rates: 4.75%-9.5%

Fixed Period: 2,3,5,7,10 and 30 year

Points: up to 2 points (par pricing available)

Loan Amounts: $300,000 to $7,000,000

Amortization:  up to 30 Year Fully Amortizing (other amortization options available)

Index: WSJ P

Rate Caps: 2% for the First Year Then 1% periodically

Prepayment Penalty: 5% for Each Year That The Loan is Fixed  

Rate Buy-down: Available with additional origination costs.

 

Additional Considerations:

-Minimum Credit Score: 630

-Expense Deposit Required Fort 3rd Party Reports

-Rate Lock When Loan Documents Drawn

-Impounds For Property Taxes and Insurance Required

-IBS Must Order 3rd Party Reports

- Foreign National Financing Max CLTV of 60%

 

Property Types

Multifamily 

Single Family Investment Properties

Office Buildings

Mixed-Use

Retail 

Mobile Home Parks

Light Industrial/Warehouse

 

 

Learn more about our nation-leading investment real estate lending programs by downloading our brochures and guides and visiting the links below. Reach out to a Relationship Manager for more information:

 

Conventional Commercial

Bridge & Mezzanine Financing

IBS Power Broker Program

Contact Us

IBS Family of Companies

 

Fort Lauderdale Office

Mailing and Appointments

401 E Las Olas Blvd

Suite 1400

Fort Lauderdale, FL 33301

 

West Palm Beach Office 

The Wagg Building 

215 South Olive Ave

Suite 201

W.Palm Beach, FL 33401

 

 

Capital Funding Solutions Office

2021 Tyler Street 

Suite 208

Hollywood, Florida 33020

 

 

Phone: +1 954 889-5827

Email: Engage@myinstitutionalbanking.com

 

Or use our contact form.

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