In particular our focus is on traditional commercial mortgages and SBA 504 loans for owner occupied properties.We do not offer loans on raw land, or for the development of raw land.We were ranked by Inc. Magazine as the 49th fastest growing financial services firm in the country for 2008.You can choose a loan with either a fixed or variable rate and with or without a balloon. The commercial mortgage products we offer have amortizations up to 30 years and fixed rates up to 10 years.
There are two types of commercial mortgages for real estate:
- Owner occupied commercial mortgage – For this type of commercial mortgage, the owner of the property will have his/her business occupying at least 51% of the available space in the building.
- Investment commercial mortgage – For this type of commercial mortgage, the owner of the property will have his/her business occupy between 0% and 50% of the available space in the building.
You can apply online here by answering a few basic questions regarding your commercial mortgage request, once we review your request and determine that we would like to move forward we will request your tax returns and financial statements.
Our commercial mortgage process:
- We will analyze your commercial mortgage request and generally provide you an answer in 24 hours.
- We will provide you a written proposal that spells out the proposed terms of the loan; you sign and return the proposal.
- We will gather any remaining documents we need.
- We complete the formal credit write up and submit the commercial mortgage request to underwriting for approval.
- We order the necessary due diligence items like the appraisal and close the loan.
- World class customer service.
- 24 hour loan approval or decline.
- Great rates and terms.
- Quick loan closing.
