Our commercial loan division prides itself on the ability to fund just about any situation quickly. Talk with our experts who know how to fund commercial loans. We have built strong relationships with many of the nation's largest lenders. We also deal directly with private money lenders and are direct conduits to private trusts. This direct access allows for flexible underwriting and approval for loans no one else will touch.

Whether you are seeking an acquisition, refinance, construction, or cash out, we can help with fast, expert service and flexible underwriting.

We offer loans up to $20,000,000 on these and other programs:
Example:
Apartments and Assisted Living - 10% Down! Up to 90% CLTV with seller carrying second. 3 programs available:

1. Conventional Loan - Loan amounts $500,000 to $3,000,000. Higher loan amounts available, call for pricing. 20% down. 80% loan for 15 years. Fixed rates currently between 6.25% and 8%depending on the building. VERY VERY LOW FEES that range from 0.5 to 2 points depending on loan amount (the higher the loan the lower the points).

2. Conventional Loan with Seller Second -Loan amounts $500,000 to $3,000,000. Higher loan amounts available, call for pricing. 15% down. 15% seller held second mortgage. 70% loan for 15 years. Fixed rates currently between 7.25% and 9% depending on the building. VERY VERY LOW FEES that range from 0.5 to 2 points depending on loan amount (the higher the loan, the lower the points).

3. 10% Down Starter Loan Program -Loan amounts $100,000 to $3,000,000. Higher loans available, call for exceptions. 10% down. 20-25% seller held second mortgage. 65-70% loan for 15 years. Fixed or adjustable rates available. Rates in the 7.5% to 11% range depending on credit score and loan amount. Fees in the 3-4 point range.

This loan is designed for the buyer who recognizes an excellent opportunity, but does not have the resources to put 15 or 20% down. This loan is used to purchase the building, and once more equity is established, it can be refinanced to lower rates. The benefit is you will own the property and be able to collect the rents immediately, thus establishing a positive cash flow.

Churches - Long term 15 year fixed rates up to 70% of appraised value with NO personal guarantees. 100% Financing for Church Schools. Construction of churches okay, call for loan limits. Church Day care centers also. Equipment, Furnishings and fixture financing available.

Condos - Loan amounts $150,000 and up. 60 - 80% loans. Loan amounts under $800,000 can have seller carrying second mortgage to 90%. Rates, loan to value amounts, and terms depend on size of project and financial strength of borrower. Must call to discuss project for pricing.
 

Hotels and Motels - Loan amounts $150,000 and up. Flags ONLY up to 75% LTV, all others considered on a case by case basis.
 

Office Buildings, Industrial, and Mobile Home Parks - Loan amounts $150,000 and up. Loans from 70 - 85% value depending on property and strength of borrower. Loans under $800,000 may carry seller second up to 90%.
 

Raw Land and Residential Lots- $500,000 Minimum Loan
 

We are one of the few companies in the country that can obtain financing for raw land and residential lot purchases or refinances. Cash out refinances on raw land also available. Loan amounts from $500,000 - $5,000,000. Larger loans available on a case by case basis. Loans up to 60% of land value. Seller carried second up to 80% value allowed.
 

Retail - Anchored Retail up to 80% LTV, unanchored retail 75% LTV. Loan amounts from $500,000 and up. Extremely competitive rates with low fees.


For pricing and rate information, call 1-719-597-7702 to speak to a qualified commercial loan officer.