Small Alternative Commercial Real Estate Loan

The Small Alternative Commercial Real Estate Loan is designed for loan amounts between $250,000 and $1 million. Great option for investors and business owners seeking a streamlined permanent loan solution with competitive rates, flexible terms, common sense underwriting and quick closings. Purchase, refinance and unrestricted cash-out up to an 80% LTV are available for all property types. Multiple qualifying options include: property cashflow, full documentation, 12 month bank statements or stated income. Quick closing options are available for an opportunistic acquisition or an upcoming loan maturity. This is an ideal alternative to a traditional bank or hard money loan.

Contact me to discuss your scenario or for additional information.

Key Points

No Minimum FICO

No Seasoning Requirement On Title

Unlimited Cash-Out Up to 80% LTV

Common Sense Underwriting

Quick Close Available

 

 

Terms

$250,000 - $1 million+

LTV: up to 80%*

Interest: from 6.125%**

Rate: Fixed and Hybrid options

Fixed Period: 5, 7 and 30 years

Term: up to 30 years

Amort: 15, 20, 25 and 30 years

DSCR: 1.15x minimum

PPP: Multiple Options

Impounds: Property Taxes & Insurance 

 

 

Purpose

Acquisition

Refinance

Unrestricted Cash-Out

 

 

Collateral

Automotive Services

Bar / Nightclub

Daycare

Hospitality

Industrial

Mixed-Use (residential or commercial)

Mobile Home Park (pad income only)

Multifamily

Office

Restaurant

Retail

Self Storage

Warehouse

 

 

*Up to 80% LTV on all property types and this includes cash-out transactions with 700+ FICO

**Pricing is based on: Property Type, Loan Term, Loan-to-Value, DSCR, Credit Profile and Quality of Sponsorship