Commercial Real Estate Loans save you time and money. 90% LTV. Fast closings 30-45 days. Simple loan process. Call for quote.
Direct Lender | Call For Quote | Jeff Lustbader | Call Now
www.commercialmortgagecity.com
The creative direct lender offering the widest variety of real estate loan programs nationwide on nearly all commercial property types.
Programs | About BSC | Closings
bondstreetcapital.com
Compare competitive commercial mortgage quotes from multiple lenders. Free, no obligation. Refinance, new purchase and construction loans available.
Get Quotes Now! | Compare Lenders | Find Low Rates
www.AllOptions.com
Easily Compare Rates & Save. Find the Best Deal & Save Today!
CommercialMortgage.BuyerZone.com
Shop 100 Top Lenders with 1 app Get 20 quotes-All Loan Types $100K min
www.crowncommercialfinance.com
Up to $150k. Good Credit Only. Loan Approvals in 48 hrs!
www.UnsecuredFundingSource.com
Apply for a commercial property loan from $500,000-$5 million. No documents required for a loan up to $1 million. 48 hour approval.
SBA Loan | Apply
www.provisioncapitalcorp.com
Commercial and residential mortgage loans including land loans, construction loans, and reverse mortgages. Largest database of online lenders/brokers.
www.lendinguniverse.com
Objective Info. and Useful Tools. Do research, Check Rates & Apply.
www.Wachovia.com
Fast, Direct, Real-Time Funding. Network with 325 Commercial Lenders
www.iBank.com
Small Business? Need Cash Fast? Merchant Cash Advances. Call Today.
www.cynergydata.com
Learn to Buy Subject 2 Foreclosures Short Sales L/O with No Money Down
reiu.homestead.com
Direct commercial mortgage lender providing commercial real estate loans nationwide. No cost property analysis and pre-approvals.
www.commercialbanc.com(Paid)
Commercial financing experts in small balance. Knowledgeable, experienced and committed. We focus on one client at a time.
www.commerciallendingusa.com(Paid)
Apply for a commercial property loan from $500,000-$5 million. No documents required for a loan up to $1 million. 48 hour approval.
SBA Loan | Apply
www.provisioncapitalcorp.com (Paid)
Commercial and residential mortgage loans including land loans, construction loans, and reverse mortgages. Largest database of online lenders/brokers.
www.lendinguniverse.com (Paid)
Commercial Real Estate Loans save you time and money. 90% LTV. Fast closings 30-45 days. Simple loan process. Call for quote.
Direct Lender | Call For Quote | Jeff Lustbader | Call Now
www.commercialmortgagecity.com (Paid)
Compare competitive commercial mortgage quotes from multiple lenders. Free, no obligation. Refinance, new purchase and construction loans available.
Get Quotes Now! | Compare Lenders | Find Low Rates
www.AllOptions.com (Paid)
Provides mortgage loans for commercial property and real estate.
www.metlife.com(Paid)
The creative direct lender offering the widest variety of real estate loan programs nationwide on nearly all commercial property types.
Programs | About BSC | Closings
bondstreetcapital.com (Paid)
Easily Compare Rates & Save. Find the Best Deal & Save Today!
CommercialMortgage.BuyerZone.com
Shop 100 Top Lenders with 1 app Get 20 quotes-All Loan Types $100K min
www.crowncommercialfinance.com
Up to $150k. Good Credit Only. Loan Approvals in 48 hrs!
www.UnsecuredFundingSource.com
Guide to Commercial Mortgage Financing
Understanding how LTV and DSCR determine how much you can borrow.The LTV is very important in determining the amount of capital that can be obtained to finance a given property. LTV relates the principle portion of a mortgage to the appraised value of a property. This LTV is very similar to collateral discounting as it serves to protect the lender's debt stake in the property.
LTV = Amount of Loan / Value of Property
The lender will determine an LTV value based on factors such a financial history of the business, credit scores, length of loan, etc. After which, the lender will multiply the LTV by the appraised property value to determine the maximum loan amount that can be given to a borrower.
Amount of Loan = Value of Property * LTV
Clearly, without other considerations the borrower benefits from a higher LTV ratio.
The DSCR approaches the mortgage picture from an entirely different angle than the LTV. Where the LTV determines the loan amount based on the value of the property, the DSCR bases upon the cash flow of the property and/or borrower.
DSCR = Debt Service / Cash flow
The debt service is usually taken as an annual figure that includes both repayment of principle and interest payments for a given year. Cash flow is calculated by taking adding noncash expenses back to net income such as depreciation.
Once again, the lender will use factors such as business credit, industry risk, etc. to call a figure for DSCR. Usually this will be around 1.20. After which, the total debt service is calculated and a total loan amount derived from it.
Debt Service = Cash Flow * DSCR
Without other considerations the borrower can benefit from a lower DSCR ratio, but remember a borrower will usually feel the pain of an under calculated DSCR (Not being able to pay the monthly mortgage!) before that of an LTV.
Action Steps
The best contacts and resources to help you get it done
Apply for commercial mortgage financing
There are many places now online to apply for commercial mortgages. Some lenders have accept a broad range of proposals while others are niche focused.
I recommend:
If you know right away that you know exactly what type of financing proposal you require and you don't need a professional to prepare your proposal for you, then go right away to a large financier like GE Capital or Merdian Capital.
If you aren't sure what type of financing to pursue or you want access to more than one commercial lender, then try a financing consultancy like Broadgate Business Financial LLC.
Learn more about commercial mortgage financing
You might decide that you need to learn more about commercial financing and lending before you make a decision.
I recommend:
Look at the SBA for more business financing information or read Broadgate Business Financial's Q&A on Commercial Property Financing.







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