© LOAN PROGRAMS PROGRAM 05 OF 09
Commercial financing for apartment buildings, mixed-use, retail, office and industrial property in major metros: from 7.90% private and 6.00% institutional, up to 70% LTV, on 1, 2, 3 and 15 year terms.
REQUIREMENTS
BENEFITS
© COMMERCIAL LOANS FROM 7.90% · LTV 70% · 1-15 YR
Commercial deals are decided on the asset and the market it sits in. Loan Goat writes 3, 5, 7 and 10 year hybrid loans on stabilized 2-200 unit apartment buildings, 5-8 unit mixed-use properties and retail, office and industrial buildings in metropolitan areas of 250,000 people or more, with purchase, refinance and cash-out programs, a 30-year amortization schedule and flexible tenancy. Rates are quoted per deal; the leverage, term and amount ceilings below are the ones we publish.
© PUBLISHED TERMS 3 PRODUCTS
Every figure is the one printed on the product's live terms card. Rates and pricing are subject to change and are not a commitment to lend.
| Product | Rates | LTV Up To | Terms |
|---|---|---|---|
| MULTI-FAMILY LOANS | From 7.90% private, 6.00% institutional | 70% | 1, 2, 3 and 15 year |
| MIXED-USE LOANS FOR 5-8 UNIT PROPERTIES | From 7.90% private, 6.00% institutional | 70% | 1, 2, 3 and 15 year |
| RETAIL, OFFICE & INDUSTRIAL PROPERTY LOANS | From 7.90% private, 6.00% institutional | 70% | 1, 2, 3 and 15 year |
© THE PRODUCTS 3 STRUCTURES
Each structure has its own page with the verbatim terms card, the criteria, how it differs from the others here, and the questions borrowers ask about it.
Financing for apartment buildings and communities from 2 to 200 units in metropolitan areas, at up to 70% LTV, rates from 7.90% private and 6.00% institutional, terms of 1, 2, 3 and 15 years and amortization out to 25 years, with cash-out refinancing available.
Financing for stabilized mixed-use buildings of 5 to 8 units, apartments over retail or office, at up to 70% LTV and rates from 7.90% private and 6.00% institutional, on terms of 1, 2, 3 and 15 years with amortization out to 25 years. Purchase, refinance and cash out.
Financing for retail, office and industrial property at up to 70% LTV and rates from 7.90% private and 6.00% institutional, on terms of 1, 2, 3 and 15 years, with credit and non-credit tenants accepted and flexibility on rollover risk and month-to-month tenancy.
WHO IT IS FOR
Owners and brokers of stabilized commercial property in major metros who want fast execution and hybrid terms rather than a bank timeline.
OUR PROCESS
Four steps from application to funding; the hard money commercial bridge on the bridge page is the route when the deal must close in days rather than weeks.
© COMMERCIAL LOANS
Hybrid-term financing for multifamily, mixed-use, retail, office and industrial in major metros.
PUBLISHED TERMS
© QUESTIONS 6 ANSWERS
More than that: Loan Goat's commercial loans on multi-family, mixed-use, retail, office and industrial property go up to 70% LTV, so the borrower's share is at least 30% of the purchase price plus closing costs. Leverage is set per property and can be lower than the maximum.
Yes. Premium broker rebates are paid on the multi-family and the retail, office and industrial programs. The amount is set per deal; brokers can ask for the schedule through the partner program.
A clean commercial bridge file can close in as quickly as 3 days, at up to 70% LTV and loans up to $25,000,000, because the property carries the underwriting. Most commercial files close inside Loan Goat's 5-7 day standard.
Yes, when real estate is the collateral: a business can buy, refinance or cash out on the property it operates from or invests in through the commercial and bridge programs, and the SBA 7(a) and 504 programs cover owner-occupied commercial real estate and expansion. The use of funds and the property decide the program.
A hard money loan has three cost layers: the interest rate, the origination points and the third-party closing costs (escrow, title, appraisal where one is required). Loan Goat publishes rates on its programs, for example 9.00% to 13.00% on the bridge loan and 9.99% to 12.00% on fix and flip, for qualified borrowers; points and fees are quoted per deal on the Letter of Intent. Rates and pricing are subject to change without notice and are not a commitment to lend.
Across the programs: SFR, condo and townhome, 2-4 units, PUD, multifamily and 2-200 unit apartment buildings, mixed use, retail, office, industrial, medical and land. Which program fits depends on the property and the plan; the property types pages walk through each one. Specialty property types are considered case by case.
© LOAN REQUEST 2 MINUTES
The loan information form with this program already selected. A lending advisor from our firm will reach out. Or just give us a call now: (619) 617-2797.
