Commercial & Mixed-Use
Commercial, mixed-use and multifamily loans
A storefront with apartments above is one of the most common buildings on a New York City avenue. We finance mixed-use, 5+ unit multifamily and owner-occupied commercial property.
Key facts
- Available in
- New York, New Jersey, Florida, Pennsylvania
- Property types
- Mixed-use, 5+ multifamily, retail, office, industrial
- Owner-occupied
- SBA 7(a) and 504 options
- Terms
- 5, 7 and 10-year fixed; 25-30 year amortization
- Qualifies on
- Property cash flow and sponsor experience
Who it's for
- Owners of storefront-with-apartments buildings
- Investors buying 5+ unit multifamily
- Business owners buying their own space
- Owners refinancing a commercial balloon
Commercial loans are underwritten mostly on the building's income. We package rent rolls, operating statements and the sponsor's experience so lenders compete for the deal.
For business owners, SBA loans can finance owner-occupied real estate with lower down payments than conventional commercial loans.
Popular in Brooklyn
Questions
What counts as mixed-use?
Typically a building with both commercial and residential space, like a store with apartments above.
How much down for a commercial loan?
Often 20-35% depending on property type, cash flow and lender.
Do you do SBA loans?
Yes, for owner-occupied commercial property and business acquisitions.
Questions about Commercial & Mixed-Use?
A licensed loan officer will walk you through the numbers, usually the same day.