Commercial Lending Information
Nationwide Commercial Lending
Finance One Nationwide Commercial Lending is second to none. We make sense of hard to do loan situations and welcome the challenge. Commercial lending can be difficult to finance, especially when time frames are tight. Some property types are very difficult to find funding for at all. Finance One can use the equity from one or more properties to get the funds property owners / investors require in a timely manner. When Commercial Lending flexibility is the name of the game, Finance One is ready. You can help s understand more about your needs by contacting us or submitting an Executive Summary.
Commercial Lending Program Highlights
- Commercial Lending Stated Income Apartment Loans Available!
- Commercial Lending Rates Starting at as low as 5% (as low as 7.99% hard money) up to 90% LTV
- Up to 70% LTV/CLTV hard money
- Commercial Lending Interest Only Loans
- No Pre-Payment Penalty (most cases)
- 6 to 360 Month Terms (ability to recast in most cases)
- Fast Commercial Lending Closing (Able to fund in 7 to 14 days in many cases)
We are experienced in the Commercial Lending space and can help you fund your commercial properties in a timely manner while keeping hassles to a minimum. Contact us today to find out how we may be able to help.
More Commercial Lending information from Finance One:
Commercial Lending Loan Profile:
| Commercial Lending Property Types | Office, industrial, retail, apartments, mobile home parks, R&D, mini-storage, condo conversion, and on a case by case basis; land, entertainment complexes, hotels and motels, and other specialty properties…other property types case by case…call! |
| Commercial Lending Geography | USA Nationwide, but prefer Western States |
| Commercial Lending Loan Size | $150,000 minimum to $30,000,000 |
| Commercial Lending Security | First and/or second mortgages |
| Funding Time | Two weeks or less. As fast as 48 hours under emergency circumstances with proper documentation |
| Borrower Profile | Prefer entrepreneurial, hands-on leasing and management, proven experience, local market presence, credit-worthiness |
| Leverage/Equity | Loans to 80% LTV (Higher LTV considered on purchase transactions and special circumstances.) |
| Loan to Cost | Up to 70%, possibly higher for special circumstances |
| Pay Rate | Positive debt service coverage preferred |
| Loan fees | 5 to 6 points depending upon type of deal and term |
| Rates | Short term fixed or adjustable rates. ( 5% to 13%…low as 7.99% for hard money) |
| Terms | 6 mo to 30 yrs |
| Amortization | Interest only available |
| Recourse | Depends on deal specifics |
| Prepayment | Typically no prepayment penalty |
Please contact us or call 1-888-814-8406, info@finance1online.com to discuss your business needs.
This is not an offer to lend. Call for details. Commercial Lending programs & rates change daily and without notice.
