Conduit Loans - Conduit Financing
Commercial Loan Direct offers conduit loans nationwide. CLD's conduit loan financing options are specifically tailored for multifamily and commercial real estate transactions. The CMBS or Commercial Mortgage Backed Securities market offers competitive finance pricing and flexibility. Conduit loans are usually non-recourse.
Conduit Loan Financing options:Apartment Conduit Loans - Small Balance
Multifamily Mortgages: $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: Multifamily - Apartment buildings having 5 or more units
- Availability: Nationwide
Learn more about our Small Conduit Loan Apartment program
Apartment Conduit Loans - Mid Balance
Multifamily Mortgages: $5 Million - $25Million- Pricing: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
- Term: 5, 7, 10, 15, 20 years
- Amortization: 30 Years Maximum
- Cash Out: Permitted
- Prepayment: Multiple options
- Loan to Value Ratios: 80%
- Assumable
- Recourse: Non-recourse
- Property Types: Multifamily - Apartment buildings having 5 or more units
- Availability: Nationwide
Learn more about our Mid Conduit Loan Apartment program
Apartment Conduit Loans - Large Balance
Multifamily Mortgages: $2 Million - No Maximum- Pricing: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
- Term: 5, 7, 10, 15, 20 years
- Amortization: 30 Years Maximum
- Cash Out: Permitted
- Prepayment: Multiple options
- Loan to Value Ratios: 80%
- Assumable
- Recourse: Non-recourse
- Property Types: Multifamily - Apartment buildings having 5 or more units
- Availability: Nationwide
Learn more about our Large Conduit Apartment loan program
Conduit Commercial Loans
Conduit Loans - Small Balance
Commercial Mortgages : $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 Financing loan program
Conduit Loans - Mid Balance
Commercial Mortgages: $5 Million - $10 Million- Pricing: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
- Term: 5, 7, 10, 15, 20 years
- Amortization: 30 Years Maximum
- Cash Out: Permitted
- 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 Mid-Balance Conduit Financing loan program
Conduit Loans - Large Balance
Commercial Mortgages: $2 Million - No Maximum- Pricing: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
- Term: 5, 7, 10, 15, 20 years
- Amortization: 30 Years Maximum
- Cash Out: Permitted
- Prepayment: Multiple options
- Loan to Value Ratios: 80%
- Assumable
- Recourse: Non-recourse
- Property Types: office, retail, industrial, multifamily, manufactured housing, and hotel
- Availability: Nationwide
In its prequalifying review, Commercial Loan Direct will attempt to estimate both the conduit loan amount and the fees and costs associated with the conduit loan.
Learn more about our Conduit Financing loan programs