Commercial Real Estate Renovation Loan

The Commercial Real Estate Renovation Loan is for both light or significant renovation projects. No minimum DSCR is acceptable if supported by an interest payment reserve. The maximum LTC is 80% with a maximum ARV of 70%. It’s a great option for opportunistic financing or any special situation requiring a quick close. Braxton & Company offers a mini-perm loan for your exit strategy, allowing you to stabilize the property for permanent financing or to sell. This renovation loan offers speed, flexibility and simplification.

Contact me to discuss your scenario or for additional information.


Key Points

No Up Front Lender Fees

No Minimum DSCR

Minimum 12 Month Term

Up to 80% LTC

TI/LC Available

CapEx or PIP (Hotels) 

Close within 30-45 days




$2 million to $20 million+

LTC: Up to 80% 

ARV: Up to 70%

Interest: 8.00% - 10.50% 

Rate: Fixed and ARM Options

Term: 12 to 36 Months

Amortization: Interest Only

DSCR: 1.0 or less *

Reserves: As Required

Recourse and Non-Recourse Options




Purchase with Renovation

Refinance Cash-Out for Renovation






Mixed Use



Self Storage

Single Tenant

Special Purpose




* Below 1.0x DSCR acceptable if supported by an interest payment reserve