Office Loan - Office Mortgage
Office loan programs
- Small Office Loan - office mortgage $1-5 Million
- Mid-Balance Office Loan - office mortgage $1-10 Million
- Large Office Loan - office mortgage over $10 Million
- Office Bridge Loan - Office bridge mortgages Over $3.5 Million
In addition to our core programs we also offer commercial real estate government agency sponsored related programs for office building loans including SBA-504, SBA 7(a), and USDA.
Office Building definition
While offices can be built in almost any location in almost any building, some modern requirements for offices make this more difficult. These requirements can be both legal (i.e. light levels must be sufficient) or technical (i.e. requirements for networking). Alongside such other requirements such as security and flexibility of layout, this has led to the creation of special buildings which are dedicated only or primarily for use as offices. An office building, also known as an office block, is a form of commercial building which contains spaces mainly designed to be used for offices.
The primary purpose of an office building is to provide a workplace and working environment primarily for administrative and managerial workers. These workers usually occupy set areas within the office building, and usually are provided with desks, PCs and other equipment they may need within these areas.
An office building will be divided into sections for different companies or may be dedicated to one company. In either case, each company will typically have a reception area, one or several meeting rooms, singular or open-plan offices, as well as toilets.
Many office buildings also have kitchen facilities and a staff room, where workers can have lunch or take a short break.
Small Office Loan Programs
Office Mortgages from $1 Million to 5 Million
Small Wholesale Office Loans
- Term - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Years
- Adjustable rate available
- Amortization: 20, 25, and 30 years
- Prepayment: Multiple options
- Loan to Value Ratios: 75% for most loans
- Assumable
- Recourse: Yes
- Can be used with SBA-504 (> 51% owner occupied properties)
Learn more about our Small Office Commercial Mortgages
Small Conduit Office Loans (non-recourse)
- Term: 5 - 20 years
- Amortization: 30 Years Maximum
- Prepayment: Multiple options
- Loan to Value Ratios: 80%
- Assumable
- Recourse: Non-recourse
Learn more about our Small Conduit Office Mortgages
Mid Balance Office Loan Programs
Office Mortgages from $5 Million to $10 Million
Mid-Balance Wholesale Office Loans
- Terms - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Year Loan Terms Available for Fixed Rate Products.
- Term - adjustable rate: Maximum 5 Years
- Amortization: 20, 25, and 30 years
- Prepayment: Multiple options
- Loan to Value Ratios: 75%
- Assumable
- Recourse: Yes
Learn more about our Mid Balance Wholesale Office Mortgages
Mid Balance Conduit Office Loans
- Term: 5 - 20 years
- Amortization: 30 Years Maximum
- Prepayment: Multiple options
- Loan to Value Ratios: 80%
- Assumable
- Recourse: Non-recourse
Learn more about our Mid Balance Conduit Office Mortgages
Large Balance Office Loans
Office Mortgages from $10 Million to No Max
Large Balance Wholesale Office Loans
- Loan Amount: $10 Million - $1,000 Million
- Fixed Rate: 5, 10 Years
- Amortization: 20 to 30 year schedules available on most transactions, subject to underwriting criteria. Fully amortizing loans are also available
- Prepayment: Multiple options
- Assumable
- Recourse: Non-recourse with standard carve-outs
- Property Types: Industrial, R & D Flex, Office, Retail, Manufactured Home Communities, Hotels, and Self-Storage
- Loan to Value: up to 80%
Learn more about our Large Balance Wholesale Office Mortgages
Large Balance Conduit Office Mortgages
- 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
Learn more about our Large Balance Conduit Office Mortgages