Lawrence, MA
A restaurant owner pulled equity out of his building and lowered his interest rate in the same loan.
Lower rate + cash out
Investors may purchase commercial properties as a location to operate their business, or to rent to tenants and create another stream of revenue.
Commercial properties built for general use — office space, retail space, or warehouse — are generally easier to finance than those built for a specific purpose, such as a movie theater or recycling plant. Financing specific-use properties typically requires a higher down payment given their higher risk profile.
We understand investors and business owners work with tight budgets and timelines. We've worked with commercial property investors to help them finance properties of all shapes and sizes, with asset-based loans that offer terms and flexibility not typically found in traditional mortgage loans.
A restaurant owner pulled equity out of his building and lowered his interest rate in the same loan.
A first-time investor bought a commercial office building. We structured the financing and closed in four weeks.
Office, retail, warehouse, self-storage, and auto-service properties.
Loans range from $75,000 to $5,000,000, up to 75% loan-to-value.
Yes. Commercial properties can be owner-occupied.
Yes. We do purchases, refinances, and cash-out refinances.
No. We don’t ask for tax returns or proof of income, and there are no debt service ratio (DSCR) requirements. We underwrite the property.
No. There’s no minimum credit score, and less-than-perfect credit is considered.