Office Building Financing: More Details
Modern office buildings containing a minimum of 10,000 square feet of net rentable area space and adequate available parking in suitably zoned commercial locations. Strong preference for properties located within planned industrial parks or in cities where the office occupancies are high.
Muti Family Apartment Financing: More Details
NationWide program is available in major markets, secondary cities and towns in U.S. locations. Existing apartments are in good condition, although older properties will be considered. The loan may exceed 80% of value or the amount that produces a minimum debt service coverage ratio of 120%.
Mixed Use Building Financing: More Details
Mixed-use property typically contains a combination of commercial (most often retail) space as well as residential units. Although mixed-use properties are appealing to property owners because of the commercial income that they generate.
Retail Center Financing: More Details
Retail and community shopping centers. Anchored, unanchored, outlet centers and single tenant buildings will be considered. Facilities should have been completed and in operation for at least 12 months. The loan-to-value ratio may exceed 80% and debt service coverage ratio is 1.2.
Hotel Property Financing: More Detail
Hotel and motel properties including both franchised and independent facilities. For underwriting purposes the maximum occupancy will be the lesser of prior year actual
or 75%. Properties with less than 60% occupancy are generally ineligible for conventional financing.
Warehouse Financing: More Detais
Properties located within planned industrial parks in cities where industrial market is strong and occupancies are high. Preference for high-ceiling warehouse and distribution buildings or service center space. Buildings are required to possess all functional requirements of accessibility, parking, loading, and utilities.
Self Storage Financing: More Detail
Eligible properties include single and multi-tenant properties including warehouses used for storage, as well as self-storage facilities. Getting a storage loan for your property is possible provided it meets some basic conditions.
Assisted Living Financing: More Detail
Commercial loans for assisted living centers were both the property and business serve as collateral for the commercial mortgage. Loans are available for owner operator centers with strong current and historical financials.