Private Commercial Real Estate Financing [Nationwide]
Private Commercial Real Estate Hard Money Financing
All Types of Commercial Real Estate Loans: Apartment Buildings, Office, Retail, Warehouse, and More...
Commercial real estate financing is a competitive niche, where commercial branches of traditional banks & private lenders compete head-to-head. That means access to more competitive rates & loan terms.
Of course: not every commercial deal is going to appeal to the traditional bank lender. With their strict terms, restrictive borrower requirements, and limited deal types, up to 90% of applicants are turned down when seeking commercial financing from major national banks.
Private Hard Money Loans are always evolving to move in & fill those gaps.
Commercial Real Estate Hard Money can be used to fund acquisitions, renovations, or to refinance or cash out equity on already owned commercial property. While they aren’t as easy to secure as widely available Hard Money Fix & Flip Loans on Single Family Residential properties (SFRs)… Commercial Real Estate Hard Money Loans are widely accessible, even when traditional banks say no.
Glassridge Commercial Real Estate Private Hard Money Loans
We’re a nationwide lender with a wide variety of Private Hard Money Loan Programs for all types of commercial properties & investment strategies, from short-term (1 - 2 years) to long-term (30+ years). Our Origination Fees & Interest Rates are some of the most competitive in the industry, and our ability to approve a wide range of borrowers on a wide variety of deal types is second to none.
Hard Money Commercial Real Estate Loan Program Details
- Up to 60% - 75% LTV.
- Minimum Loan: $150k.
- Maximum Loan: $100m+
- Minimum FICO Required: 500
- Typical Loan Term: From 1 - 2 years (for short-term Bridge Loans) to 30+ years (traditional Commercial Financing).
- Ballpark Interest Rates: 6.5% - 12% (depends on many factors).
- Ballpark Origination Fees: 3% - 5%
We also have specialized Commercial Real Estate Hard Money Loan Programs to help cater to the needs of your unique scenarios, including Foreign National Hard Money Loans, ARV-based LTV Loans, and Low Doc / No Doc Loans.
Types Of Commercial Properties We Can Finance
- Apartment Buildings (5+ Units)
- Office Buildings
- Retail
- Mixed-Use
- Industrial
- Warehouse
- Self Storage
- Restaurant / Bar / Venue
- And more!
If you’re wondering anything about Commercial Real Estate Financing, or Private Hard Money Loans in general, feel free to contact me here on BiggerPockets, or check us out at Glassridge.com.
Thanks!