Commercial Real Estate Loans

CMA Capital Funding Inc offers a complete selection of commercial real estate loans to meet the individual borrowing needs and investment objectives of our borrowers, for both investment and owner-occupied commercial properties.

Unique Loans For Unique Properties

Our loans start at $100k, an amount most lenders won't look at. But we're different! Flexibility is the key with us. We offer a variety of commercial loans , some with less restrictive underwriting guidelines, higher LTVs, and 25 or 30 year terms.

Short Term Loans

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Short term loans are also called bridge loans. The purpose of this type of commercial loan might be to close escrow on a real estate transaction or possibly for rehab work or even property improvements. Typically, a lender will want a first equity position, which means the property will need to be owned free and clear of any liens against the property.

Rarely will a lender take a second position on real estate loans, because the risk is normally too great. Don’t forget that a lender in second place must step in and cure any default on the first before he is allowed to step into senior position. If there isn’t enough equity or like in today’s market, values are dropping, borrowers have a greater chance of walking away from investments that are deemed worthless by market conditions. Bad credit loans might also be a choice.

If you need short term money, you’re probably looking for lenders who deal in hard money or individuals handling personal wealth. Traditional banks don’t get involved in this type of lending and it is way out of the sights for Conduits or the big boys on Wall Street.

Tags: bad credit loans, hard money loans.

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TYPES OF LENDERS

Banks

Usually a good overall source of lending, but dealing with them is tricky. You must be able to match up the type of property and the amount of financing compatible with the bank’s wishes. Large amounts, small financing, big town, small city, banks assets, standards and lending history.

Conduits

Commercial mortgage backed securities are excellent choices for shopping loans, but they are very strict and only want the cream of the crop properties.

Life Insurance Companies

Normally a tough sell, but great interest rates if you can get them to agree to your loan request. Stricter than Conduit’s, they want the best deals involving the best properties. They have lower and strict LTV ratio’s, usually lower than bank requirements.

REIT

A lot of negative publicity has mostly closed down many of these investment groups, but a few are still operating and can be a very good source for financing deals that fit their portfolio.

Hard Money

Once a stigma for bad credit and desperate borrowers, Hard Money Lenders use the wealth of investors, trusts and private individuals to make loans at higher than average returns. As the market tightens up, these guys can be valuable if you are looking for short term or bridge financing.

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