Commercial Investment Capital Group, Inc.
Commercial Real Estate Financing - CALL TODAY (614) 636-4844
Private Lenders function as subsidiaries of federally chartered institutions & private equity groups and bridge the Borrower to permanent exit financing. A number of business owners & real estate investors do not always meet the credit profiles required by many banks, either because the Borrower does not have the cash flow or reserves required to support traditional bank financing, or the subject project property has not yet stabilized. This program offers financing options for short term & long term debt.
Loan Amounts:
$75,000 to $20,000,000
Eligible Property Types:
Most Property Types
Occupancy Requirement:
Owner Occupied & Investment
Loan to Value:
Up to 75% of property appraised value
Typical Interest Rate:
9.99% - 13.00%
Minimum DSCR:
1.00x
Term/Amortization:
Interest-Only or Term Amortization up to 30 Years
Prepayment Penalty:
None
Minimum Credit Score:
550 middle