Commercial Rehab Loans are relevant to a myriad of situations. Whether you have a High Rise Office Building that needs to be updated for a new Tenant, or you have spotted an almost abandoned Property that could turn a very nice profit with a little TLC, a Commercial Rehab Loan can be the solution for you.

The primary advantage of Commercial Rehab Loans lies in their swift provision of Capital, offering a timely solution for Investors as the traditional Mortgage process can be lengthy and may oftentimes take weeks or even months. Commercial Rehab Loans provide you with rapid access to funds, enabling you to promptly kickstart the renovation of a Property and proceed with your plans without delay.

HERE’S THE SKINNY…

Commercial Rehab Loans are designed as short-term solutions where within the allotted time period, you focus on renovating or improving the property to increase its value. Typically lasting up to 36 months, a Commercial Rehab Loan allows you the opportunity to either purchase a new Property, or renovate an existing Property that you already own. When buying, having to put down at least 10% of the Purchase Price is commonplace, but if you already own the Property, or if you have a decent amount of Equity in another, unrelated Property, you can potentially use your Equity as collateral, thereby creating a “No-Money Down” scenario for yourself. The maximum Loan amount is generally up to 70% of the After-Repaired Value (ARV), and ultimately, the goal is always to either Rent or Sell the renovated Property once completed.

COMMERCIAL REHAB LOAN OPTIONS:

SMALL BALANCE OPTION:

Transaction Size: $100,000 – $10MM
Max Refinance LTV: 75%
Max Purchase LTV: 75%
Max LTC: 80%
% of Construction Financed: 100%
ARV: 70%
Minimum FICO: 600

HIGH BALANCE OPTION:

Transaction Size: $1MM – $100MM+
Demographics: Most Major Markets Nationwide
Term: Up To 36 Months
Asset Classes: Most Considered
Max LTC: 90%
ARV: 70%
Minimum FICO: 650

(***OTHER OPTIONS AVAILABLE***)