Commercial Investment Capital Group, Inc.
Commercial Real Estate Financing - CALL TODAY (614) 636-4844
Insurance Companies lend nationwide and offer non-recourse financing alternatives for real estate owners. The benefits of life insurance company financing include the ability to lock in a long-term fixed-rate mortgage. Life insurance companies have an appetite for all types of commercial properties. Credit tenant lease deals also are desirable properties to finance. Currently life companies favor income-oriented investments, such as apartments, community shopping centers, and industrial properties
Loan Amounts:
$5,000,000 to $50,000,000
Eligible Property Types:
Most Property Types
Occupancy Requirement:
Owner Occupied or Investment (90%or more occupancy)
Loan to Value:
Up to 75% of property appraised value (possibly 80% max)
Typical Interest Rate:
5.50% - 6.50%
Minimum DSCR:
1.25x
Term/Amortization:
Up to 20 Term / 15-30 Year Amortization
Prepayment Penalty:
Yield Maintenance or Step Down - negotiable
Minimum Credit Score:
650 middle