Owner Occupied Buildings

Benchmark Commercial Lending takes a unique approach to financing owner occupied properties. It is important to understand both the needs of the borrower in the real estate loan, and also the underlying company that will be occupying the space. With this all inclusive approach, we often structure a combination of loans to both the real estate and working capital needs of the owner and business.

Features

• Max Amortization up to 30 years
• Borrower's income may not be needed for Loan Qualification.
• Fixed rates including 3,5,7,10,15 and 25 years.
• Interest Only available up to 3 years.
• Assumable loan features.
• Non-Recourse available for select properties.
• Streamlined underwriting .
• Fast Closings available within 30 to 45 days.

Underwriting Guidelines

• Loan amount from $500,000 to $50 million
• Min DSCR >= 1.20x
• Max LTV <= 90%
• Short term and bridge loan options available for properties that do not cash flow.

We encourage you to give us a call to discuss your current needs. Our experience enables us to meet your needs and provide you with the most competitive rates and terms available in the marketplace.

Check out our products to find an option that fits your needs!