Owner Occupied Business Real Estate Loans From $750,000
One of our specialties is providing business mortgage loans to assist self-employed small business owners acquire, refinance, or expand their business properties. While many banks and other lending institutions have stopped lending to small business owners, we are aggressively arranging loans at very attractive rates. Business real estate loans or owner occupied real estate loans for owner-user properties require a specialized commercial real estate lender. At Select Commercial, we offer both conventional and SBA owner occupied commercial mortgage loans.
In addition to analyzing the commercial real estate loan, the lender must have a thorough understanding of small business lending to self-employed borrowers. At Select Commercial, we are proud of our record of lending to self-employed borrowers. Quite often, self-employed real estate owners need underwriting flexibility with regard to their income and credit. Many times, a “Stated-Income” loan is necessary. Other times, a past credit issue or tax lien has caused a bank to reject the loan. At Select Commercial, we look at the entire story and are willing to overlook these issues if the loan makes good, common sense.
We will consider loans on most property types, including: hotels/motels, gas stations, convenience stores, laundromats, other professional offices, warehouses, industrial facilities, auto repair, retail stores, self-storage, day care, liquor stores, assisted living facilities, etc. Physicians, dentists, veterinarians, and other medical professionals may qualify for up to 100% financing for their medical practices, including working capital. We will also entertain business loan requests for highly specialized, single-use properties, such as bars, restaurants and skating rinks. We even financed a sky-diving wind tunnel for one of our clients!
Our company has multiple capital sources for these loans, including: SBA, USDA, numerous local and national banks and credit unions. We will entertain loan requests of all sizes, beginning at $750,000.
Business real estate rates start as low as 3.81% (as of 4/21/17)
SBA Commercial Mortgage Rates as low as Prime + 1.75%
(adjustable and fixed rate options available)
• Loans from $750,000+
• No upfront application or processing fees
• Simplified application process
• Financing up to 90% LTV on SBA deals
• Financing up to 80% on conventional deals
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• Access to business working capital to fund new business growth
• 24 hour written pre-approvals with no cost and no obligation