Meet the NPL's Commercial Loan Program for commercial loans from $100,000 to $20MM+
We Give investors and business owners more of what they want: lower rates, greater flexibility, and faster closings.
Grow your real estate portfolio with our Maximum Leverage Programs to either Purchase multiple properties at the same time and/or unlock your equity and get cash out of your existing investment Rental properties.
Speak with our Commercial Lending Experts & Learn More About our Products:
Why do Investors Choose us? Top 5 Reasons
When Investors miss bank eligibility
When Investors require more flexibility than traditional lenders can provide
When the subject property causes stabilization or seasoning concerns for traditional lenders
When Investors are able and willing to provide full documentation
When Investors require a faster closing than one could expect with a bank.
Medium Size Commercial Loans
Medium Size Commercial Loans Purpose is to Purchase/Cash-Out/Refinance eligible commercial properties.
Medium Size Commercial Loans Sizes start at $100,000 and go up to $2,000,000 dollar in property value. Loans Terms available are 5-Year ARM and 30-Year Fixed with amortization of 15, 25, 30 years.
Medium Size Commercial Loans Maximum LTV on a loan <$500K is 75% and on a loan >$500K is 70% LTV, and we require a Minimum Credit Score FICO of 650.
Medium Size Commercial Loans Minimum DSCR for Owner-Occupied buildings is 1.2* and for Investment properties: 1.15**.
On Our Medium Size Commercial Loans, the Stabilization required is 75% occupancy over a 90-day trailing UW period** UW Method used to qualify Owner-Occupied commercial properties is the Global DSCR for Real Estate Investor we use Property DSCR.
Documentation required for a Medium Size Commercial Loans are
2 years personal and business tax returns
Eligible Properties for a Medium Size Commercial Loans are:
Tier I: Multifamily, Mixed-Use (primary res)
Tier II: Retail, Mixed-Use (primary comm),
Warehouse/Self-Storage, Office, Light
Industrial, Automotive, Mobile Home Park
Pre-Payment Penalty for Medium Size Commercial Loans are
5% for 5 years
5% for 3 years
Declining 5%, 4%, 3%, 2%, 1%
*Debt service requirement is based on borrower’s FICO score and may be higher than figures shown.
**Not applicable if property is purchased as a new space or expansion.
Note: Underwriting guidelines have changed to reflect today’s environment. Contact your Regional Manager to learn how we are approving loans today.
More Commercial Loans are available, see list below.
Speak with our Commercial Lending Experts & Learn More About our Products:
Additional Commercial Real Estate Financing available
Debt and equity arrangements on income producing real estate such as...
Construction Financing up 90%LTC
Land Loans $250k to $20MM
Large Construction Financing up to $500MM
MultiFamily Market Rate Apartments
Student Housing
Assisted Living Facility
SNF Skilled Nursing Facility
Commercial Properties
Commercial Offices
Commercial Retail Space
Self-Storage Buildings
Industrial/Warehouse
Hotels Purchase & Refinance
Motels purchase or Refinance
Shopping Centers
Build to Suit Projects
and More
Speak with our Commercial Lending Experts & Learn More About our Products: