SUBORDINATED DEBT FOR COMMERCIAL REAL ESTATE
Our Second Mortgages and Mezzanine Financing permits you to have access to your trapped equity faster and cheaper than refinancing your current first mortgage.
The advantages of subordinated debt financing
1) Instant Cash Flow
Refinancing your first mortgage may be a long and often difficult process that could take months to be funded, however, our subordinated debt solution allows you fast access to your required funds within two weeks of applying for the loan.
2) Avoid Prepayment Penalties
No investor would like to pay substantial prepayment penalties like yield maintenance feasance.
3) Hold Your Interest Rate
Refinancing your existing mortgage to a brand new first mortgage may cost you more due to higher interest rates which results in higher monthly payments
LOAN AMOUNT:
$500k-$5M
GEOGRAPHY:
Nationwide
PROPERTY TYPES:
Multi-Family
Office
Retail
Warehouse & Industrial
CLOSING:
2 Weeks
TERMS:
1-3 Years
INTEREST RATES:
12% Interest Only
POINTS:
Risk-Based Pricing
MINIMUM INTEREST:
6 Months
CLTV:
Up to 75%
Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.
Financing is not available for land, value-add, construction, and special-use.
Three Simple Steps to Get Financing
Apply
Complete our loan Application and Allow us to Conduct the Initial Due Diligence to Underwrite Your Commercial Deal
Term Sheet
Review & execute our term sheet which Includes all the loan terms & costs associated with it.
Closing
Our attorney will draft the loan documents and once signed the funds will be wired directly to your bank.
Get in Touch
716.444.4667
[email protected]
Open Hours
8am – 8pm Everyday
Our Office
Clearwater, FL
Buffalo, NY