Small commercial loans

Home > Commercial Loan Programs > Small Mortgages

Commercial Loans Small Mortgages

Commercial Loan Direct provides two (2) highly customized commercial financing programs to help meet the individual and investment needs and requirements of its borrowers.

Small Wholesale Loan

Commercial Loan Direct offers a very competitive and flexible commercial wholesale loan program.

  Owner Occupied Investment
Loan Amount $750k-6Million $750k-4Million
Occupancy >51% Owner Occupied >85% Occupied
LTV Up to 90% LTV w SBA 60% LTV
Minimum Personal Credit Score (FICO) 650 - No Bankruptcy 650 - No Bankruptcy
Acceptable Markets Urban/Suburban Areas Urban/Suburban Areas
Non-Acceptable Collateral -Gas Station
-Auto Dealerships
-Night Clubs
-Athletic/Fitness Centers
-Special Use Start-ups
-Hotel/Motel (temporarely discontinued)
 -Gas Station/C-Store
-Car Wash
-Auto Dealerships
-Night Clubs
-Athletic/Fitness Centers
-Hotel/Motel (temporarely discontinued)
Preferred

-Multi-Use
-<75,000 SF

-Warehouse
-Office
-Manufacturing
-Medical Offices

Minimum Equity Injection 10%-25% 20%
Minimum DSC 1.2x 1.4x
Management Experience -Prior Ownership & Management Preferred Previous Ownership Required
Prepayment Penalty TBD TBD
Other sources of DSC If Start-Up, 1.20x from outside source 0.25x from outside source
Collateral (1st Position) Real Property Real Property in all states except AL, CA, FL, GA, IN, LA, OH, MI, MS
Origination Fee 1% 1%
Assumability Yes Yes

Learn more about our Small Wholesale Commercial loan program

Apply for a Small Wholesale Commercial Loan

Conduit Small Commercial Loans - CMBS (non-recourse)

The Commercial Mortgage Backed Securities market is one of the fastest growing segments of the commercial mortgage industry.

  • Loan Amount: $1 Million - $5Million
  • Pricing: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Prepayment: Multiple options
  • Loan to Value Ratios: 80%
  • Assumable
  • Recourse: Non-recourse
  • Property Types: office, retail, industrial, multifamily, manufactured housing and hotel
  • Availability: Nationwide

Learn more about our Small Conduit Commercial loan program

Apply for a Small Conduit Commercial Loan