Commercial Loans

Firstbanc, primarily originates long-term, fixed-rate, commercial mortgages on multifamily, office, retail, industrial, hotel and many other property types nationally.

Small Balance Commercial Programs

  • Property Types
  • Multi-Family, mixed use, office, retail
  • Warehouse, Light Industrial, Mobil Home Parks, Bed & Breakfasts and Self Storage
  • Property Condition: Good
  • Loan Amounts
  • $50,000 to $1 million
  • Loan-to-Value: 95% CLTV
  • Combined Loan to Value: 100%
  • Loan Terms: up to 30 years
  • Ammortization
  • up to 30 years fully amortizing
  • Minimum Credit Score: 600
  • Lending Area: National
Program Details

Small Balance Low-Doc Program

  • Property Types:
  • Multi-Family, Mixed Use, Office, Retail
  • Warehouse, Light Industrial, Mobil Home Parks, Bed & Breakfasts, Self Storage, Marinas, Funeral Homes, Rooming House, Day Care, campground, Bar & Resturant
  • and Car Wash
  • Property Condition: Good
  • Loan Amounts
  • $100,000 to $1 million
  • Loan-to-Value: 90% CLTV
  • Combined Loan to Value: 100%
  • Loan Terms: up to 30 years
  • Ammortization
  • up to 30 years fully amortizing
  • Minimum Credit Score: 575
  • Lending Area: National
Program Details

Small Balance Apartment Program

  • Property Types:
  • Existing apartment properties with 5+
  • units, mixed-use, condominium
  • properties and mobil home parks
  • Property Condition: Good
  • Loan Amounts
  • $300,000 to $1 million
  • Loan-to-Value: 80%
  • Combined Loan to Value
  • Special Exceptions Necessary for LTVs above 80%
  • Loan Terms: 5 to 10 years
  • Ammortization
  • up to 30 years fully amortizing
  • Minimum Credit Score: 620
  • Lending Area: National
Program Details