Welcome to our Learning Center. Below you will find helpful articles to help you understand the many intricacies related to investing in commercial real estate and commercial mortgage financing. There are a lot of articles that discuss investing in, and financing, multifamily properties, as apartment and multifamily buildings are a popular start for investors looking to invest in commercial real estate.
We continually add helpful information to this page, so check back often to stay up to date on market trends.
There are several important numerical calculations that commercial mortgage underwriters use when determining if they can approve a commercial mortgage loan request. It is important for borrowers to understand these calculations. [...]
When it comes to refinancing your commercial mortgage, first you want to know if you will qualify. Many factors will be reviewed to determine if you will qualify for a commercial property loan, including: property value, loan-to-value ratio, debt-service-coverage ratio, net worth, liquidity, and credit rating. If you are a good candidate for refinancing, your main goal will be to get the lowest rate and best terms possible. [...]
Select Commercial Funding LLC is an apartment lending specialist in the origination of small balance apartment loans from $1,500,000 to $25,000,000+. We proudly originate loans nationwide and offer extremely competitive rates and terms. Some of the features and benefits of our program include. [...]
Apartment building loans have always been a favorite as far as commercial lenders are concerned. The fallout from the housing market has caused a ripple effect that pushed many families into the rental market. Now, many people are opting to rent over buying. The housing market crash has made the market for apartment building lending very strong. All of these forces are driving up demand (and prices!) for apartment properties. Other favorable types of properties include: retail centers with strong national anchors (such as supermarkets), medical and general purpose office buildings, and other properties occupied by strong tenants with long term leases. Lenders also like small business owners that own their own properties and have demonstrated an ability to generate strong, positive cash flow in their businesses. Another property type popular with investors and lenders are single-tenant, net-leased properties leased to companies such as Walgreens, CVS, AutoZone, Dollar General, etc. [...]
Select Commercial specializes in commercial mortgage loans from $750,000 to $10 million and we lend nationwide. Many people ask us why they should choose Select Commercial rather than their local bank. In addition to great rates and terms, fast turnaround time and superior service, we have the ability to close loans that banks and other institutions often find difficult. Here are some examples of loans that we have closed recently. [...]
Loan applications are put together in many different ways before they land on an underwriter’s desk. Some borrowers and originators submit a simple one-page request, while others submit reams and reams of paperwork upfront. [...]
I have been involved in mortgage lending for over 30 years. My company, Select Commercial, focuses on originating commercial mortgage loans for the owners and purchasers of commercial real estate nationwide. Our clients range from first time commercial property buyers to seasoned investors who come back repeatedly each time they purchase a new commercial property or need to refinance an existing commercial mortgage loan. We have successfully financed all types of properties, including apartments, retail, industrial/warehouse, and office buildings. We have special programs for small business owners who are looking to purchase or refinance their own business properties – many of these properties are single and special use properties that are often rejected at local banks – such as gas stations, restaurants, motels and more. [...]
Select Commercial is pleased to announce a new program for the purchase or refinance of apartment buildings with the lowest rates and best terms we have ever offered!
Here are the features and benefits of these loans: [...]