Commercial Equity Line of Credit
Bottom-line, this commercial equity line of credit creates liquidity for borrowers. Commercial building owners have struggled for decades on how to effectively and economically liqudate their property's equity. This is an outstanding solution to that problem.
Note this program is no longer available.
The commercial equity loan is very similar to better known residential lines. Borrowers receive a check book and line card to draw capital out when they choose to. Because the line is secured against commercial real estate, the rates are strong.
(Note we have a fixed rate program for small commercial loans ($50,000 - $500,000)
Commercial Equity Line Details:
- Line from $50,000 to $500,000 max.
- Borrower needs 700 + credit score
- Prime +, starting at .75%.
- Owner occupied or investment properties
- 1% bank fee.
- Letter of Intent/preapproval within 72 Hours.
- Closing typically takes 45 days.
- Funding source is a top 50 bank in the nation.
- MAX loan to value is 70%
- Loan is structured under "evergreen" contract. Meaning loan goes on indefinitely as long as borrower stays current on monthly payment.
Whatever your goal, whether it's to consolidate business debt, get cash to purchase another property, launch a new venture, renovate a property or to take a long over due vacation, you can make it happen with a commercial equity line.
Commercial mortgage broker Training
Other Related Commercial Loan Programs:
- Commercial Real Estate Loans
- USDA B & I loans
- SBA 7a Loans
- Conventional Bank Loans
- Commercial Mortgage Refinance
- Commercial Construction Loans
- Commercial Equity Loan - No Longer available
- Commercial 15 Year Fixed
- Owner Occupied Commercial Loans
- Interest Only Commercial Loans
- Commercial Second Mortgage - No Longer available
- Business Debt Consolidation Loan
General Topics Related to Commercial Financing:
- Commercial Mortgage Underwriting - Basics of
- Commercial Loan Rates - Description of and update list of indexes
- Commercial Loan Calculator
- Commercial Mortgage Lenders
- Commercial Loan News
- Commercial Lease vs Own
- Commercial Loan Programs - Description of
- Commercial Mortgage Business -Overview for brokers
:: Conventional Commercial Mortgage Program :: 25 Year FIXED Commercial Loan :: SBA 504 Loans :: Health Care Property Loans :: Fixed Rate Commercial Mortgage :: SBA 7a Loan, SBA Loans :: Commercial Investment Property Loans :: 1031 Exchange Financing :: NNN Loans, Non Recourse Financing :: Commercial Mortgage Refinance :: Purchase Commercial Real Estate :: General Purpose Property Loan :: Special Purpose Property Loans :: Commercial Loan Application :: Commercial Mortgage Brokers, Go Here :: Recently Closed Loans :: Physician Loans :: Bank & Lender List :: Commercial Loans Arizona :: Commercial Loan News :: SBA Loan Information :: Newsletter :: Commercial Mortgage Rates :: Commercial Loan Calculator :: Contact Us/ About Us ::
Commercial Finance Advisors, Inc.
Focused on commercial mortgage and SBA loans from $400,000 to $12,000,000, nationwide.
261 E Maple Rd
Birmingham, Michigan 48009Or
4686 E Van Buren
Phoenix, AZ 85008
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