"I will wholeheartedly recommend CLD. [My loan specialist’s] knowledge about the various loan products and negotiating a good deal... is exceptional."
Bill S. - Apartment Complex Owner
"I felt confident through the process that things were under control, that my interests were being protected... [my loan specialist] was always a pleasure to talk to and work with..."
Mark Leifield - Apartment Complex Owner
"CLD was most helpful from answering my initial questions to the follow up... We would not have been able to start this business without CLD."
Herb Velazquez - Ace Franchise Owner
Commercial Loan Direct (“CLD”), a business division of CLD Financial, is a national commercial real estate correspondent and mortgage banking firm offering over 200 programs. In order to bring our clients a wide variety of financial products that can be specifically tailored to their needs, CLD partners with various financial institutions and government-sponsored agency lending platforms including: Banks/Institutional Lenders, Life companies, Hedge Funds, Real Estate Investment Trusts (REITs), Private Lenders, Fannie Mae (FNMA), Freddie Mac (FHLMC), Small Business Administration (SBA), United States Department of Agriculture (USDA), and the Federal Housing Authority division of the Department of Housing and Urban Development (FHA / HUD).
Multifamily properties take a variety of forms including traditional apartments, age-restricted communities or senior housing, student housing, affordable housing (Section 8, Section 202, public housing, or other government-sponsored programs), military housing, cooperatives, and manufactured housing / mobile home parks. The types of programs available for stabilized apartment projects include Agency programs such as Fannie Mae (FNMA), Freddie Mac (FHLMC), HUD / FHA, and USDA in addition to the CMBS / Conduit, Conventional, and Insurance loan products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to develop, reposition, or stabilize multifamily buildings.
Commercial real estate investment properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospitals), hospitality (hotel, motel, resort), and mixed use. The types of mortgages available for these types of properties are Conventional, CMBS / Conduit, Insurance, and Agency (FHA / HUD and USDA) products. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings.
Owner-Occupied commercial real estate properties can include office, retail, industrial/warehouse, self-storage, healthcare (medical office, skilled nursing facility, memory care, hospital), hospitality (hotel, motel, resort), mixed use, or any other type of property in which the owner's business occupies at least 50% of the space. The types of mortgages available for owner-occupied buildings include Conventional, Insurance, and Agency programs including FHA / HUD, SBA and USDA. Construction mortgages are also available on a case-by-case basis in order to develop or reposition a property for the owner's use.