20-30 year Commercial Loans
Hi, does anyone know of anyone that does 20-30 year commercial loans for single family rental properties?
Of course! I am in the process of yet another one with Simmons Bank right now and they serve TX, OK, Arkansas, etc.
20 year amortizations are quite normal, with occasionally 25-year a/m being obtainable.
@Nathan Frost Just sent you an email. There is a plethora of different DSCR based 30 year fixed options out there on 1-4 units right now. They tend to have even easier underwriting requirements than the local banks who only offer 5 or 10 year terms for a similar product.
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Lender
- 818 606 8823
- http://www.investorpropertyloan.com
- [email protected]
I can also vouch for Simmons when it comes to 20-year commercial loans for SFRs. We have three right now.
All Day. Would be happy to take a look!
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Lender
- 413-348-8346
- http://freecapfunding.com
- [email protected]
- Investor
- Austin, TX
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I do, happy to connect you