Commercial Loan Criteria

1. Conventional Commercial Loan

A traditional bank or credit union loan used to purchase, refinance, or improve income-producing commercial property. Typically requires strong credit, a down payment of 20–35%, and stable cash flow.

2. Multifamily Loan

Designed specifically for apartment buildings and residential income properties (typically 5 or more units). Loan approval is based heavily on the property's Net Operating Income (NOI) and Debt Service Coverage Ratio (DSCR).

3. SBA 7(a) Loan

Government-backed financing for owner-occupied commercial real estate and business acquisitions. Offers flexible terms and lower down payments for qualifying small businesses.

4. SBA 504 Loan

Ideal for purchasing owner-occupied commercial buildings, land, or major equipment. Features long-term fixed rates and low down payment requirements.

5. Bridge Loan

A short-term financing solution used until permanent financing is obtained or a property is sold. Common for acquisitions, renovations, or value-add projects.

6. Construction Loan

Short-term financing used to build new commercial properties or complete major renovations. Funds are disbursed in stages as construction progresses.

7. Permanent Loan

Long-term financing that replaces a construction or bridge loan once the property is stabilized and generating income.

8. Hard Money Loan

Asset-based financing from private lenders. Typically used when speed is essential or traditional financing is unavailable. Higher interest rates but faster approvals.

9. CMBS Loan (Commercial Mortgage-Backed Securities)

Loans bundled into investment securities. Often provide competitive fixed interest rates and longer loan terms for stabilized commercial properties.

10. Portfolio Loan

A loan held by the originating bank rather than sold on the secondary market. Often provides greater flexibility in underwriting and loan terms.

11. Mezzanine Loan

Secondary financing that fills the gap between senior debt and the borrower's equity. Commonly used in larger commercial acquisitions and development projects.

12. Blanket Loan

One loan secured by multiple commercial properties. Allows investors to finance or refinance an entire portfolio under a single mortgage.

13. Interest-Only Loan

Allows borrowers to make interest-only payments for an initial period, improving short-term cash flow before principal payments begin.

14. DSCR Loan (Debt Service Coverage Ratio Loan)

Qualification is based primarily on the property's ability to generate enough income to cover its debt payments rather than the borrower's personal income.

15. HUD/FHA Multifamily Loan

Long-term, government-insured financing for qualifying apartment buildings. Often offers lower interest rates and extended amortization periods.

16. USDA Business & Industry Loan

Government-backed financing available for eligible commercial properties located in qualifying rural areas.

17. Private Money Loan

Financing provided by individual investors or private lending groups. Often used for properties that do not meet conventional lending guidelines.

18. Line of Credit

A revolving credit facility secured by commercial real estate or business assets. Useful for renovations, operating expenses, or acquisitions.


Common Property Types Financed

  • Apartment Buildings (5+ Units)
  • Office Buildings
  • Retail Centers
  • Industrial & Warehouse
  • Medical Office Buildings
  • Mixed-Use Properties
  • Self-Storage Facilities
  • Hotels & Motels
  • Mobile Home Parks
  • Senior Housing
  • Student Housing
  • Land & Development Sites

These loan types cover most commercial real estate financing needs and provide flexibility based on the property's use, income, and investment strategy. For apartment investors, the most commonly used financing options are Conventional Commercial Loans, Multifamily Loans, Bridge Loans, CMBS Loans, Portfolio Loans, and HUD/FHA Multifamily Loans.