What is a commercial real estate loan?

A commercial real estate loan is a mortgage secured by an income-producing property, rather than a primary residence. These loans are used to purchase, refinance, or develop commercial properties such as office buildings, retail centers, warehouses, and multi-family apartment buildings.

What is the difference between recourse and non-recourse commercial loans?

A recourse loan allows the lender to pursue the borrower's personal assets if the property's sale doesn't cover the full loan balance in a default. A non-recourse loan limits the lender to only seizing the property itself as collateral, protecting the borrower's other personal assets.

What types of properties can be financed with a commercial loan?

A wide range of properties can be financed, including retail buildings, office buildings, shopping centers, hotels, motels, warehouses, industrial buildings, storage facilities, gas stations, assisted living facilities, and more.

Commercial Real Estate Loans Calculator for Commercial Properties

How Commercial Loans Work

For Business Properties

Finance income-producing properties like office, retail, industrial, and multi-family buildings.

Asset-Based Underwriting

Qualification is heavily based on the property's financials and potential income, not just personal credit.

Recourse & Non-Recourse

Choose between loan options that either do or do not allow the lender to pursue personal assets in a default.

Commercial Mortgage Loan Highlights

Unlock the Potential of Your Commercial Property with Flexible Financing — Financing for a wide range of commercial properties.

Commercial real estate loans are typically used to finance the purchase or development of commercial properties such as office buildings, shopping centers, hotels, and industrial properties.

Large Loan Amounts: Commercial real estate loans typically involve large loan amounts, and we have loan options over $100 Million!
Longer Loan Terms: We have commercial mortgage loan options for up to 30 years fixed, which is much longer than typical commercial loans.
Amortization: Commercial mortgage options include fixed rate, adjustable, and interest-only programs depending on the property type.
Recourse vs Non-Recourse: Commercial real estate loans can be either recourse or non-recourse. Recourse loans allow the lender to pursue the borrower's personal assets in addition to the property if the borrower defaults on the loan, while non-recourse loans only allow the lender to seize the property itself.
Prepayment Penalties: Most commercial mortgage loans have prepayment penalties, which are fees that the borrower must pay if they pay off the loan early.

Eligible Property Types for Commercial Mortgages:

Retail Buildings & Shopping Centers
Office Buildings
Hotels & Motels
Warehouses & Industrial Buildings
Storage Buildings
Gas Stations
Assisted Living Facilities
Raw Land (Development or Ground Up Construction)