SNCLoans.com
Large Commercial Loans
These investor loans offer many options for the owners or purchasers of larger commercial properties. Extremely competitive rates and terms are available for office, industrial, retail, warehouse, manufacturing, R&D, apartments and flagged hotels. We invite you to apply today.
Large Commercial Loan Details
| Current large commercial loan details | |
|---|---|
| Property Types: | Investor owned credit tenant and multi-tenant office, retail, warehouse, flagged hotels, and industrial buildings |
| Loan Term: | 5 or 10 years |
| Loan Amounts: | $2,000,000-$30,000,000 |
| Loan Amortization: | 25-30 years |
| Current Rates: | See our rate sheet |
| Loan to Value: | See our rate sheet |
| Debt Service Coverage: | 1.25:1 to 1.50:1 (by historical NOI after management, vacancy & replacement reserves) |
| Recourse: | Limited recourse to borrowing entity only (no personal guarantee) |
| Assumption Permitted: | Fully assumable |
| Impounds: | Tax, insurance & capital reserves |
| Prepayment Fee: | Lockout for 2 years followed by defeasance prepayment for remaining term |
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