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: