You have questions. We have answers.
We have compiled answers to some of the most common inquiries we receive regarding our mortgage-financing services. Whether you are a first-time investor, or a seasoned investor, our goal is to provide you with clear, concise information to help you make informed decisions.
Our FAQ’s, and Help Center, cover a wide range of residential topics, including the application process, eligibility requirements, and much more. We aim to address all of your questions so you can feel confident, and well-prepared, as you move forward with your mortgage-financing journey.
If you do not find the answer you are looking for, our team is always here to assist you.
Simply reach out, and we will be happy to provide further clarification and guide you every step-of-the-way.
Commercial mortgage-financing is financing secured by commercial, investment, or other income-producing real estate. It can be used to purchase, refinance, or access equity in eligible properties.
Depending on the program, financing may be available for multifamily, mixed-use, commercial, commercial condominiums, non-owner-occupied residential, and specialty-use properties. Property eligibility varies by financing program.
Yes, many commercial and investment mortgage-financing programs are specifically designed for non-owner-occupied properties. These may include rental properties, multifamily properties, and commercial real estate.
Down-payment requirements vary based on the property, loan amount, borrower qualifications, and financing program. Certain programs may offer lower down-payment options for qualified borrowers.
Commercial financing may consider credit, income, assets, property value, loan-to-value, property cash flow, debt-service coverage, and the overall transaction. Requirements vary by financing program.
A Debt Service Coverage Ratio (DSCR) loan evaluates the property’s ability to generate sufficient income to cover its debt obligations. This Ratio can be particularly useful for qualifying for financing on income-producing investment properties.
Yes, eligible commercial and investment properties may qualify for refinancing, and certain programs may allow qualified borrowers to access available equity. Options depend on the property, existing debt, value, borrower qualifications, and program requirements.
Potentially, yes, as certain programs accommodate eligible U.S. corporate entities and qualified foreign investors. Requirements for ownership, documentation, guarantors, down payment, and property eligibility vary by program.
Commercial mortgage rates can be influenced by market conditions, loan amount, property type, loan-to-value, credit profile, property cash flow, term, and financing structure. The applicable rate and terms are determined based on the specific transaction and program.
The timeframe varies according to the property, transaction complexity, documentation, valuation, underwriting, and closing requirements. Straightforward transactions may move more quickly than complex commercial transactions.
Start with our no-obligation, no-credit-score-impact pre-qualification to explore potential financing options. You can then schedule a complimentary and confidential consultation to discuss your property, investment objectives, and potential next steps.