FAQ’s
What is your average loan size?
What property types do you lend on?
We help fund a wide range of income-producing commercial real-estate including
- Multifamily
- Mixed Use
- Retail
- Office
- Automotive (including auto repair)
Can you finance properties in small towns or rural areas?
Yes. We can finance commercial properties in small towns and rural markets.
Will you finance a business buying its own building?
Yes. We will finance owner occupied commercial real estate for businesses purchasing or refinancing their own space.
How fast can I close on a commercial loan?
Typical turn times are 30-45 days.
What documents will I need for a term sheet?
A basic overview of the deal and financing request. Competed application Cash flow details Sales contract if an acquisition
What credit score is needed?
How much do I need for a down payment?
You will need anywhere from 20-35% depending on several factors.
Do I need a. Personal guarantee?
Yes. On most deal that we help fund.
What are the typical fees?
You will have appraisal fee’s, application fee’s, loan origination fee’s, closing cost, plus potential prepayment penalties as well.
What does a commercial loan broker do?
We connect borrowers with multiple lenders, structure your deal and ensure strong loan request.
Can I have a copy of my appraisal?
Yes. If you paid for the appraisal, you will receive a copy of it.
