Commercial

Commercial Mortgage (Permanent Loan)

  • Used to purchase or refinance stabilized properties:

    • Multi Family, Office, Investment Residential Loans

  • Terms: 5–30 years, amortized

  • Rates: Fixed or floating

Bridge Loan

  • Short-term, interest-only financing for transitional properties

  • Term: 6–36 months

  • Often used before securing long-term financing or during repositioning

Construction Loan

  • For ground-up development or major renovations

  • Typically interest-only during construction

  • Converts to permanent financing upon completion

SBA 504 Loan

  • For owner-occupied commercial real estate

  • Structured: 50% bank loan, 40% SBA debenture, 10% borrower equity

SBA 7(a) Loan

  • Broader uses (real estate, working capital, equipment)

  • Up to $5 million, longer terms, government-guaranteed

Tenant Improvement (TI) Financing

  • Covers interior build-outs for leased commercial spaces

Portfolio Loan (when used for commercial assets)

  • Lender keeps loan on books

  • Custom underwriting (can include non-warrantable or unique commercial property types)