Conventional Owner Occupied Commercial Business Loans

Designed for the business owner that will occupy at least 25% of the property and can show at least 2 years of stabilized financials able to support the requested loan. Debt service is calculated on a global basis using the subject business and borrowers financials. Lease income generated by investment tenants is also applied towards debt service in underwriting.

Commercial Business Loan Program Guidelines:

• Up to 90% LTV for multi use commercial properties, 65% for special use commercial properties.
• Commercial Loan amounts up to $8mm.
• 30 year fixed rates available on most commercial loans.
• Debt Service Coverage Ratio (DSCR) as low as 1.20 to 1.
• Multiple prepayment options to choose from.

Commercial Business Loan Program Benefits:

• Low down payment.
• Loans without call provisions.
• Reasonable debt service coverage requirements.
• Fast approvals.
• Quick closings.