CommercialMortgages.com Introduces Enhanced Core Commercial Mortgage Program
September 19, 2023
CommercialMortgages.com is excited to announce the launch of our enhanced core commercial mortgage program, designed to meet the diverse needs of our valued clients. With a maximum loan amount ranging from $5 million to $100 million, this program offers a range of features and benefits that make it an ideal choice for businesses seeking financing solutions.
- Max LTV of 65%: Our core commercial mortgage program provides a maximum loan-to-value (LTV) ratio of 65%, ensuring that borrowers can access substantial funding while maintaining a healthy equity position.
- Flexible Interest Options: We understand that different businesses have unique financial requirements. That’s why our program offers a five-year interest-only option, allowing borrowers to manage their cash flow effectively during the initial years of the loan. Additionally, we provide the flexibility of full-term interest-only and 30 years amortization options, enabling borrowers to choose the repayment structure that best suits their needs.
- Three-Year Interest Guarantee: At CommercialMortgages.com, we prioritize transparency and stability. To provide our clients with peace of mind, our core commercial mortgage program includes a three-year interest guarantee, ensuring that borrowers can confidently plan their finances without worrying about sudden interest rate fluctuations.
- Streamlined Documentation: We understand that time is of the essence when it comes to securing commercial financing. That’s why our program eliminates the need for personal or business tax returns, streamlining the application process and expediting loan approvals.
- Non-Recourse with Standard Carve-Out Provisions: Our core commercial mortgage program offers non-recourse financing, providing borrowers with added protection and minimizing personal liability. Additionally, we include standard carve-out provisions to ensure responsible borrowing practices.
- Diverse Property Types: Whether you’re in the multifamily, industrial, manufacturing, warehouse, light industrial, retail, or self-storage sector, our core commercial mortgage program caters to a wide range of property types. This versatility allows businesses from various industries to access the funding they need to grow and thrive.
CommercialMortgages.com’s enhanced core commercial mortgage program is a game-changer for businesses seeking financing solutions. With its competitive terms, flexible interest options, streamlined documentation requirements, and diverse property coverage, this program is an excellent choice for those looking for a bridge loan request or long-term financing. Contact us today to learn more about how our program can help you achieve your commercial real estate goals.