Commercial Loan Application
#1 Best Resource for Commercial Real Estate Loans

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fix and flip home loans

A “fix and flip” loan is a bridge loan or sometimes called a hard money loan used to purchase property with the goal of selling it for a profit or refinancing it to rent once the repairs are completed. A fix and flip loan works really well in these situations.

  1. When you need to close fast (Our quick close time is 5 days!)
  2. High leverage or a low down payment is required.
  3. The property needs funds for renovations.
  4. You cannot provide verifiable income (no tax returns required).
  5. The asset is not yet stabilized, leased up, or producing any income.
  6. If you want a short term loan with no prepayment penalty

At CambridgeHomeLoan.com, our fix and flip and fix to rent loans close very quickly… as little as 5 days! Fix and flip loans and fix to rent investment real estate loans do not require personal income verification and very little documentation! We offer a 100% program and a limited documentation 90% down loan program. Fix and Flip loans are a great way to  leverage your existing capital to generate more income with the ability to close & flip more projects at once utilizing bank funds!  Additionally, CambridgeHomeLoan.com finances the acquisition and the rehab costs of the project.

Program Summary

Loan Amount:$100,000 – $250 Million
Term Length:12 – 36 Months
Max LTV:100%  (90% Limited Doc)
Rehab:Funded 100%
Amortization:Interest only
Interest Rate:Starting at 6.99%
Closing Time:5 – 14 Days
Loan Use:Purchase, Rehab, Refinance
Cash out refinance

Hard money bridge loans with great rates and fast closings to help you scale your real estate investment business. Purchase, Rehab, Refi and rent. Whatever your investment model CambridgeHomeLoan.com has a product that can help you succeed..

Commercial Real Estate Loans cover a lot of ground including financing of multifamily apartment buildings, retail buildings, office, industrial, hospitality, student housing, self storage, mobile home parks and more.  Within each of these asset types there a numerous loan products that may be a fit for the borrower that this commercial loan application covers. 

 

Here’s a list of common commercial real estate loan types along with brief explanations of each:

Commercial Mortgages:
Commercial mortgages are loans used to purchase or refinance commercial properties such as office buildings, retail centers, industrial warehouses, or multifamily apartment buildings. These loans typically have terms ranging from 5 to 20 years and may be amortized over 20 to 30 years.

Construction Loans:
Construction loans provide financing for the construction or renovation of commercial real estate projects, including office buildings, hotels, shopping centers, or residential developments. These loans often have variable interest rates and disburse funds in stages as construction milestones are achieved.

Bridge Loans:
Bridge loans are short-term loans used to bridge the gap between the purchase of a new property and the sale of an existing property or to provide temporary financing until permanent financing is secured. They can be useful for investors seeking to acquire or renovate properties quickly.

SBA 504 Loans:
SBA 504 loans are government-backed loans designed to facilitate the purchase or construction of owner-occupied commercial real estate, including buildings for small businesses. These loans offer low down payments, long repayment terms, and fixed-rate financing, making them attractive options for small business owners.

SBA 7(a) Loans:
SBA 7(a) loans are another type of government-backed loan offered by the Small Business Administration. While not specifically for commercial real estate, these loans can be used for a variety of business purposes, including purchasing real estate, refinancing existing debt, or financing equipment and working capital.

CMBS Loans (Commercial Mortgage-Backed Securities)**:
– CMBS loans are commercial real estate loans pooled together and securitized into bonds that are sold to investors. These loans are typically originated by commercial mortgage lenders, packaged into securities, and sold in the secondary market. CMBS loans offer borrowers access to capital markets and may have competitive interest rates.

Agency Loans:
Agency loans are commercial real estate loans originated by government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac. These loans are often used to finance multifamily properties, offering attractive terms such as fixed-rate financing, long repayment terms, and non-recourse options for qualified borrowers.

Hard Money Loans:
Hard money loans are short-term, asset-based loans secured by the value of the property rather than the borrower’s creditworthiness. These loans are typically used by real estate investors or developers who need quick financing for properties that may not qualify for traditional bank loans.

Mezzanine Financing:
Mezzanine financing is a form of secondary financing that sits between senior debt (such as a mortgage) and equity in the capital stack. Mezzanine loans are often used to fill the gap between the amount of senior debt available and the total project cost. These loans are typically higher-risk and may have higher interest rates or equity participation requirements.

Preferred Equity:
Preferred equity is a hybrid form of financing that combines aspects of debt and equity. Unlike mezzanine loans, preferred equity investments do not accrue interest but instead provide investors with preferred distributions and priority repayment in the event of a property sale or refinance. Preferred equity is often used to provide additional capital for real estate acquisitions or developments.

Each of these commercial real estate loan types serves different purposes and may be suitable for different borrowers depending on their financing needs, risk tolerance, and investment strategy. Submit your loan scenario to CambridgeHomeLoan.com today to receive your commercial real estate loan quote.



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Rental Application

Your pricing will be emailed to you shortly. If you have any questions call 800-826-5077.  Thank you

fix and flip home loans

Home Loans Made Easy Expert Advice

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Home DSCR Loans in Florida and around the US with a Fix and Flip Loan and DSCR Loan Florida from CambridgeHomeLoan.com.

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