Commercial Bank Loan 

Recent Article: Commercial Bank Loans, In Credit Crisis Commercial Bank Loans, Why Bother?

Conventional commercial loans, aka commercial bank loans, are still available and normally offer the lowest rates/fees, longest fixed periods (up to 10 years), easiest underwritten process (compared to SBA commercial loans or B and I Loans) and up to 25 - 30 year amortization schedules.  However, we are not referring to typical local banks, as they are greatly restricted and most are capped at 5 year fixed rates with amortization schedules limited to max, 20 years.    Conventional banks loans, that we are referring too, are available on a wide variety of property types, from the office, retail to more specialized property types like hotels or restaurants.  

For borrowers in good positions, ie that show good business or property income (need a minimum 1.20 DCR), have at least 35% equity in their property, credit score over 650 and some liquidity, this is normally the recommended route, based on todays market realities.  In addition, if working with the right source, these loans are st ill funding, but it is critical to work with a bank/lender that is healthy enough to fund your loan request.

Commercial Bank Loan

• Amortization schedules, as long as 30 years, though 25 years is the most common
• Lowest rates/fees available in today's market
• Fixed periods from 3 years, 5 years, 7 years and still 10 years
• Easiest underwriting process
• Wide variety of building types considered
•  Up to 75% loan to value
• Loan amounts from $400,000 - $5,000,000 plus
• Most of these sources are non depository and will not try to force you to tie up cash with them.

We have the expertise to get your loan funded.  We know who the viable sources are ie who is still really closing commercial bank loans, not just quoting rates.  Make Commercial Finance Advisors a part of your team!  Get pre approved now.

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