Updated over 6 years ago on . Most recent reply
90% ltv commercial refinance?
Are there any lenders out there that would refinance up to this ltv?
Property in question is a mixed use investment property, not owner-occupied.
Good credit score.
Old property.
High cap rate.
Most Popular Reply
@John Wijtenburg just to clarify--SBA requires owner-occupancy to at least 51% of square footage of building. Also they won't do anything with a residential component unless it is incidental to the operation of the business, like an apartment for an on-site manager for a hotel. In some cases, you can get 90% leverage on CRE.