Commercial Real Estate Loans Costs, Terms, Qualifications

 Loan for Commercial Real Estate
Maximum Loan Amount Up to 85 – 90% of Purchase Price
(Maximum Loan Amount of $5,000,000)
Minimum Down Payment 10% – 15%+ of Purchase Price Preferred
Interest Rates 5% – 8.75%
SBA Guarantee Fee 0% – 3.75% (of guaranteed portion)
Closing Costs 2% – 5% Closing Costs
Typical Loan Term 10 – 25 Years
Time to Approval / Funding 7 – 30 Days
Credit Score Loan are Equity Based (Optional)
Years in Business 3+ Years
Debt-Service Coverage Ratio 1.25+
Owner-Occupied? At Least 51%

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