Small Balance Commercial

For the acquisition or bridge of small balance (< $2.5M) multifamily and mixed-use properties in need of high leverage and/or renovation funds.


Property Types

Loan Amounts

Project Types

Loan Purpose

Loan to Cost (LTC)

Loan to Value (LTV)

Rate

Points

Loan Term/Amortization

Reserves

Third Party Reports

Property Location

Multifamily (more than 4 units) + Mixed Use*

$500,000 - $2,500,000

Bridge or light to medium renovation

Purchase or Refinance

Up to 80% of Purchase + 100% of Rehab

Up to 75%

Starting at 7.49%

2.0-3.0%

12-24 months, interest only

Interest/Tax/Insurance Reserves if needed

Appraisal/Environmental Screen

Major Markets Nationwide


*80% or more of properties gross income must be from residential units
**All of the US except MN, ND, NV, OR, SD, VT, and WV