Commercial Mortgage Loans
What is Commercial Mortgage loan?
With Universal Commercial Capital you will find a partner that has commercial loan resources to provide you with great rates, low fees and streamlined process. Our commitment is to deliver safe financing solution that you need and help you create and preserve wealth over a period of time. This way long term success is a guarantee. Hassle free process with simplified documentation, variety of loan programs starting from $150,000. Best customer services and support to guide you each step of the way whether you are looking to purchase or refinance. At Universal Commercial Capital we understand that matching your needs is our primal goal, and that’s why we provide you with experienced team and diverse mix of commercial real estate loans
Benefits of this type of loan
Commercial loan – commercial mortgage loan is a loan which is granted to different type of businesses and is secured by commercial property. It can be owner occupied or investor property. This includes properties such as: Offices (office buildings), shopping malls, apartment buildings (complexes), warehouses (industrial) and few other commercial property type.
Different types of commercial loans:
– Fixed Rate Mortgage (FRM)
– Adjustable Rate Mortgage (ARM)
– Balloon Mortgage
– Interest Only Mortgage
For additional information, or to call one of our experienced agents, please feel free to call us at: 888-334-9039
Rates
| RATES | Tier I | Tier II | Tier III | Tier IV |
| Rate | 4.75% | 6.99% | 8.99% | 10.99% |
| Term | 5/30 | 5/30 | 12 Months | 12 Months |
| Minimum Loan Amount | 1 Million | $350,000 | $250,000 | $150,000 |
| LTV | 80% | 75% | 50% | 50% |
| Fico Score | 700 | 650 | 600 | No Minimum Fico Required |
| Tax Return | No Tax Return Required | No Tax Return Required | No Tax Return Required | No Tax Return Required |
| Min./DCR | 1.25 | N/A | N/A | N/A |
| PITI Reserve | 9 Month PITI Reserve | 3 Month PITI Reserve | No Reserve | N/A |
| Assets | Equals Loan Amount | No Asset Required | No Asset Required | No Asset Required |
| BK | No BK | 5 Yr. Seasoning On BK | Allower | Allowed |
| Forclosure | Not Allowed | Not Allowed | Allowed | Allowed |
