Commercial loan parameters
Let us show how CWMC can provide you with the financing structure that you need with the service that you deserve.

CWMC has excellent loan products and options available for owners and purchasers of commercial real estate. We arrange financing nationwide for single tenant and multi-tenant properties, including: office, retail, industrial, warehouse, self storage, healthcare, hospitality, mixed use and specialty use. Our company has multiple capital sources for these loans, including: national banks, regional and local banks, insurance companies, Wall Street conduit lenders, credit unions and Real Estate Investment Trusts. Whether you are purchasing or refinancing, we have the right solutions available. We will entertain loan requests of all sizes, beginning at $500,000.

 Our Benefits

•Rates start as low as 4.06% (as of 5/29/13)

•No upfront application fees

•Simplified application process

•Financing up to 75% LTV, up to 90% LTV with SBA

•Terms and amortizations up to 25 years

•Loans for purchase and refinance, including cash-out
 

Specific loan parameters
 
Amounts: $500,000 - $5,000,000

Fixed Rate Balloon Loans: 5- 10 year loan terms with up to 30 year amortization

Loan to Value up to: up to 80% Purchase or Refinance

Minimum Debt Service Coverage Ratio: 1.20x

Interest Rates: low spread over treasury rates - fixed lower spreads for lower loan to values and higher debt service coverage

Financing Fee: 1%

Property Requirements:   single tenant, multi-tenant , office, retail, industrial, warehouse, self-storage, healthcare, hospitality, mixed use and special use.

Stabilized Occupancy: 65-90 percent or better physical occupancy.

Eligible Borrower Structures: Corporation, Limited Liability Company, Limited Partnership, General Partnership, Trust, Co-Tenant, Individual. The Borrower is not required to be a single asset entity

Borrower / Key Principal Financial Eligibility: Generally, post-closing liquidity equal to or greater than nine (9) months of debt service and Aggregate Key Principal net worth equal to or greater than the subject loan amount

Borrower / Key Principal Real Estate Experience Requirements: Minimum of 3 years ownership with two commercial properties or five years or more with the subject property. Borrowers need good track record, portfolio at least a few properties, good credit and a multi-year history of operating apartments



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Commercial loans
Any additional questions, please feel free to visit our F.A.Q. and glossary pages to clear up any confusion. Of course you can contact us immediately if you should have any questions. 

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