small commercial loans - small commercial real estate mortgages

Small Balance Loans

Commercial Loan Direct offers financing for small balance commercial mortgages

Small Balance Apartment Loans

Originating for its own portfolio, including one of the nation's leading small balance apartment loan programs, Fannie Mae, Freddie Mac, REITs, and select institutional investors, Commercial Loan Direct provides highly customized apartment financing solutions to help meet the individual and investment needs and requirements of its borrowers.

Small Multifamily Mortgage Fannie Mae Loan Program

  • Loan Amount: $1Million to $3 Million (up to $5 Million in selected markets)
  • Terms: 5, 7, and 10 years
  • Amortization: 25 and 30 years.
  • Prepayment: Multiple options
  • Loan to Value Ratios: 75% for most loans
  • Debt Coverage Ratios: Minimum 1.25:1

Learn more about our Small Fannie Mae Apartment Loan Program

Multifamily Small Mortgage Wholesale Loans.

  • Loan Amount: $1 Million to $5 Million Loan
  • Terms - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Year Loan Terms Available for Fixed Rate Products.
  • Terms - adjustable rate: Maximum 5 Years
  • Amortization: 20, 25, and 30 years
  • Prepayment: Multiple options
  • Loan to Value Ratios: 75%
  • Debt Coverage Ratio: 1.25:1

Learn more about our Small Wholesale Apartment Loan Program

Multifamily Small Mortgage Conduit

  • Description: Fixed-rate, non-recourse financing. Commercial mortgages are secured by income property.
  • Loan Size: $1 Million - (prefer $2 Million plus.) No maximum.
  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Recourse: Non-recourse with standard carve-outs
  • Interest Rate: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury

Learn more about our Small Conduit Apartment Loan Program

Small Commercial Loans

Small Wholesale Loan

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

  • Loan Amount: $1 Million to $5 Million Loan
  • Terms - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Year Loan Terms Available for Fixed Rate Products.
  • Terms - adjustable rate: Maximum 5 Years
  • Amortization: 20, 25, and 30 years
  • Prepayment: Multiple options
  • Assumable
  • Recourse: Yes
  • Multi-use up to 75% LTV (warehouse, manufacturing, office, retail, medical office.) 90% LTV with companion SBA-504 loan

(*) LTVs could be higher if loan qualifies for SBA 504 program.

Learn more about our Small Wholesale Commercial loan program

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