Commercial Lenders in Chicago

[Michael Bednarz]

Hi BP Chicago, 

I have a mixed-use six unit property (3 store fronts, 3 apartments) I'm looking to obtain financing on. Financing has been a challenge as the as-is income does not produce an adequate DSCR. However, the property has been under utilized and getting rents on par with the market will yield a DSCR > 1.25.

Some lenders can get this done with 30% down, but I'd like to avoid that if possible. Does anyone have any good recommendations for commercial lenders in Chicago? The property is in Norwood Park. 

Appreciate the help!