Industrial Building Loan from $1,000,000+
Industrial Building Loan Interest Rates - Rates updated 09-20-2019
|Loan Product||Rates (start as low as)||LTV||Amortization|
|5 Year Fixed||3.86%||Up to 75%||Up to 30 years|
|7 Year Fixed||3.95%||Up to 75%||Up to 30 years|
|10 Year Fixed||4.01%||Up to 75%||Up to 30 years|
Select Commercial is a leading nationwide commercial mortgage broker. We provide our clients with warehouse and industrial building loans for the purchase and refinance of industrial and warehouse buildings from $1,000,000+. Our current loan programs include the following:
• Warehouse, industrial and manufacturing properties containing multiple tenants in suburban or urban locations with a minimum population of 50,000 residents. These buildings typically house light manufacturers, warehouse and distribution companies and storage operators. We will consider buildings constructed of metal, as well.
• Single tenant owner occupied properties where the owner uses the property for their own business are of special interest to us. We specialize in working with self-employed borrowers who own or are looking to purchase an industrial property for their business. We are capable of working with clients whose credit and/or provable income do not meet typical bank standards. We are also able to offer self-employed borrowers up to 90% financing to acquire their own industrial or warehouse property.
• Warehouse and industrial properties with an un-stabilized rent roll due to expired tenant leases or buildings in need of tenant improvements to attract long-term tenants are also properties we will consider. Many times, a property is in need of updating or tenant improvements in order to stabilize the rent roll. We currently offer a bridge loan program to help a building owner improve the value of the property by making money available for rehab, upgrading, and modification.
Our Industrial Property Loan Benefits
Our Industrial Property Loan Rates start as low as 3.86% (as of 09-20-2019)
• No upfront application or processing fees
• Simplified application process
• Up to 80% LTV on apartments, 75% on commercial (90% with SBA)
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation