Long Term Commercial Loan
Short Term Commercial loan
Program #LG256
Short Term Commercial loan
Program #LG256
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | Automotive, Bar, Condo, Daycare, Gas Station, Hotel, Industrial, Mixed use, Motel, Multi Family, Office, Restaurant, Retail, Self-Storage, Shopping Center, Strip Center, Warehouse |
| Lendding Area | alaska, arizona, california, colorado, hawaii, idaho, nevada, oregon, utah, washington |
| Loan amount Minimum | $500,000 |
| Loan amount Maximum | $10,000,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 11% |
| Points Minimum 1st TD | 2 |
| Points Maximum 1st TD | 3.25 |
| Terms | 1 year, 2 year |
| Typical Days Required to Fund | 11-15 Business days |
| Credit Score Min | 650 |
| Cross Collateralize Blanket | Yes |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Fixed or Adjustable | Fixed |
| Recourse | Recourse |
| Updated as of | 2025-08-13 |
These descriptions are limited information and meant for general reference purposes.
- Kent Rowe - Washington Region
Senior Vice President
- Chuck Salas
Senior Underwriter - California
