Small Balance Commercial

Are you considering purchasing or refinancing investment real estate and requiring financing under $7MM? Since launching our $225MM financing envelope in 2014, we've emerged as a national leader in the origination of commercial and investment real estate loans under $10MM. Take advantage of our Small Balance program, which is designed to capture financing opportunities beyond the reach of depository lenders.

Lending Parameters

• Transaction Type: Purchase, Refinance, & Cash Out Refinance
• LTV: 75% Max LTV (based upon asset and location)
• Rates: WSJ plus 2.00% to 4.00%
• Fixed Period: 3,5,7,10, and 30-year
• Points: up to 2.00% (par pricing available)
• Loan Amounts: $500,000 to $7,000,000
• Amortization:  up to 30-year fully amortizing (other amortization options available)
• Rate Caps: 2% for the first year, then 1% periodically
• Prepayment Penalty: 3% for each year the loan is fixed. No PPP options are available.
• Rate Buydown: Available with additional origination costs.
• I/O Periods: Available up to the first 5 years

Asset-Based Underwriting Snapshot

• Personal Tax Returns | Not Required
• Corporate Tax Returns | Not Required
• Global Cashflow | Not Required
• Cross Collateral  | Not Required
• Income Calculations | Based on current and Gross potential rents
• Phase 1 Environmental | Not Required, based on environmental insurance approval
• Minimum Credit Score: 650, with exception(s)
• Rate lock when loan documents are drawn
• Impounds for property taxes and insurance required
• IBS Must Order third-party reports  
• Foreign national financing at a 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