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We offer financing on a wide range of property types. Our primary guidelines are shown below followed by our lending preferences.

If you have any questions or would like to request a loan quote, please contact our regional office in the state in which the property is located. We will respond with an initial size and spread estimate.

Real Estate Lending Guidelines
Loan Types: Commercial and Multi-Family Mortgage
Rate Types: Fixed and Floating Rate Programs
Loan Size: $5 to $100 million Higher amounts available on a selective basis
Loan Terms: 3 - 20 years Amortization schedule 15 - 30 years
Typical Closing: 60 days from Rate Lock


 

Property Type Loan Appetite
Office Strong
Industrial
  • Warehouse/Distribution Strong
  • Flex/Showroom Selective
Retail (looking for strong sales per s.f.)
  • Grocery Anchored Strong
  • Unanchored Selective
  • Outlet No Appetite
  • Big Box/Power Center Very Selective
  • Mall Very Selective - Class A, Dominant Malls Only
  • Free Standing Credit Selective
Apartments Strong
Hotel No Appetite
Mobile Home Parks Strong
Senior Housing
  • Congregate/Independent   Selective
  • Assisted Living No Appetite
  • Nursing Home No Appetite
Parking Garages Selective
Self Storage Selective
   
 
Geographic Location:    Continental U.S.  
Loan-to-Value:    75% Maximum  
Debt Service Coverage:    1.25x-1.40x, dependent on property type  
Prepayment Terms:    Yield Maintenance,
Declining Percentage
Premium or Defeasance
 
Required Reports:    Appraisal
Phase I Environmental
Property Condition Report
Seismic, Zones 3 & 4
 
 
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