Real Estate Financing

A Commercial Real Estate (CRE) loan is financing secured by a lien on a commercial property as opposed to a residential property. These properties usually relate to an income-producing entity, and loans are often used to purchase, renovate, or expand a new or existing site.

Program highlights

• Available in all 50 states
• Offered in 1st and 2nd positions
• Interest-only options available
• Big buying power — loans ranging from $100,000 to $20,000,000
• Credit friendly — only a 500 FICO score required to apply

Is a real estate loan right for me?

What are CRE loans most commonly used for?

CRE loans are often used to purchase, renovate, or even expand a new or existing site.

What types of businesses typically apply for CRE loans?

The most common applicants are offices, retail, hotels, and apartments — but others can apply too.

What types of entities are CRE loans typically made to?

Loans are most often secured by partnerships, developers, funds, trusts, corporations, and real estate investment trusts (REITs).

Owning and operating commercial real estate is usually done through companies specifically set up to buy property and lease it to other businesses. Real estate loans are an effective, customizable way to get this type of operation off the ground by financing purchases, development, and construction that can attract valuable, stable rental income.

Advantages

• No minimum gross sales
• Flexible funds for a variety of uses
• Boutique to big-money loan sizes

Minimum qualifications

• 500 minimum FICO credit score
• Two years of business tax returns
• Down payment (varies by deal)

What you'll need to apply

• 1003 application
• Personal financial statement
• Real estate schedule
• 2 years of business tax returns

Need faster, smaller funding for operations instead of property? Compare working capital or a revenue based financing.