California Commercial Real Estate Loans

Commercial Purchase Loans

One of the biggest parts of our business are purchase or acquisition loans. Many of our commercial real estate clients are looking for low-costs, low-hassle loans on their investment or owner-user commercial properties that don't take forever to fund. We believe that this is not too much to ask. Most of our commercial acquisition loans are no pre-pay loans that have 30 year amortizations as well as low legal and other costs. While there are still the traditional costs of MAI appraisails and other 3rd part reports (sometimes), the other costs associated with these commercial real estate loans are relatively low when compared to traditional offerings from banks like Wells Fargo. The interest rates are not as low as a conduit type loan, but then again the payments are very similar and the headache associated with obtaining the loan is non-existent in comparison. There is also no pre-payment penalty which makes life easier especially when you have to try and figure out what yield spread and defeasance mean before you can sell your property to someone when an offer comes in.

Commercial Refiancing

Another big part of our business are refinance loans. These are typically for owner-users who are looking to pull some of the equity they have accumulated out of their commercial real estate or would like to lower their payments. Both of these are relatively easy to do in a short amount of time. Unfortunately, the biggest hurdle is providing paperwork. This is something that no borrower likes to do, but it is the biggest factor in saving them money. The more documentation that we can give a bank or a lender, the lower the costs and terms of the loan...it is really that simple. But, there are stated programs that allow borrowers who do not show a lot of income on their tax returns to obtain competitive financing without providing full income documentation, it will simply not have terms on par with a full doc loan.

Commercial Equity Line Loan Programs

This is the newest part of our business and one that we feel appeals to thousands of commercial property owners across the country. What would you say if I told you we could let you tap the equity in your commercial property, as you wanted, but with no appraisal and very low costs? I am sure you would hang up the phone and run for the hills because it sounds like pie in the sky. Well, this loan exists if you have 660-680+ credit and own a property that is worth somewhere around $2 million or less. Don't ask about the screwy requirements, if you fit into those two creteria, then we can offer you up to 80% CLTV 2nd loans/equity lines of credit with very competitive rates, no appraisal and limited costs. It is really that simple.