A Small Balance Commercial Property Loan typically refers to a commercial mortgage designed for smaller real estate transactions, usually involving loan amounts under $1 million. These loans are tailored to meet the financing needs of small businesses and investors seeking to acquire, refinance, or improve commercial properties.
Under $1 million, providing accessible financing for small-scale projects.
Interest Rates
Competitive rates tailored for smaller transactions
Maximum LTV
Upto 80% loan-to-value (LTV). Prudent LTV ratios ensuring a balanced and realistic approach to your property's value.
Amortization
Flexible amortization schedules, allowing borrowers to choose terms that fit their financial strategy.
Eligible Properties
These loans can be used for a range of property types, including retail, office, mixed-use, multi-family, and light industrial properties.
Eligible Borrower
A singular asset entity, whether for-profit, nonprofit or public borrowers.
Recourse
We offer full recourse
Prepayment
A frequently used prepayment penalty format is the "10-9-8-7-6-5-4-3-2-1-0" structure. This entails a 10% prepayment penalty in the first year, with a subsequent 1% reduction on each 1-year anniversary, ultimately reaching a 0% prepayment penalty by the 10-year anniversary.
HUD mortgage insurance premium (MIP)
Annual Mortgage Insurance Premium (MIP) rates are as follows:
Apply for a commercial property loan in 5 minutes by filling out the form
02
Get Approval
We will get back to you within 24 hours with a written disclosure of all loan terms
03
Loan Funded
Within days, the money will be credited to your account.
Why Choose Us?
We go above and beyond to add to our list of satisfied customers and ongoing clientele We go above and beyond to add to our list of satisfied customers and
