Commercial Loans
Purchase and Refinance
The FACC advantage:
- Fast pre-approvals within 3 to 5 business days (most loan programs).
- Deal directly with loan officer.
- Complete application process is handled by a professional with underwriting experience.
- Confidential process.
- Fast track closings available.
- Purchase and refinance.
- Nationwide loans.
Property Types ~ just a few examples
Multi-Family
Retail Building
Industrial
Office Building
Medical Building
Mobile Home Parks
Restaurants
Churches
Autobody and Repair
Warehouses
Apartments
New Construction/Land Development
Just about any commercial investment!
Loan Programs
Fannie/Freddie
Recourse/Non-Recourse
Conduit Financing
Debt and Equity Financing
SBA
Construction Loans
Loan Features
Loan Size: 500,000 – no limit
Rates start at 4.75%
Loan Points: vary between lenders and loan programs.
Underwriting fees: Vary between lenders
Terms: 1 – 10 years (amortization is usually 30 years)
Pre-payment penalty: ( varies between lenders/loans) Most do not have a pre-payment penalty.
Loan to Value: Most are 75 – 80%. SBA with greater than 50% owner occupancy can go up to 93% LTV.
Owner and non-owner occupied properties
All terms, loan programs, rates etc are subject to change without notice
