Financing Information
With an annual lending volume over $400 million, Security Mortgage Group has powerful lending relationships to put to work on behalf of your apartment, retail, warehouse, office and/or other commercial real estate transactions. We have closed on commercial property with tenants such as Circuit City, the US Postal Service, and Xerox to name a few.
Some features of our Multifamily & Commercial financing program include:
- Acquisitions, refinancing, construction, & lease-up mortgages
- Conduit and non-conduit programs available
- Up to 30-year fixed rates
- Up to 80% loan-to-value
- Up to 30 year amortizations
- Non-recourse
- Nationwide service
- Interest only, bridge loans, and mezzanine loans available
- Financing for single properties or for real estate portfolios
- Closings in 45-60 days
- Minimum loan size is $500,000
- Optional rate-lock at application
Small loan program additional features:
- Property types: multi-families with more than 8 units, mobile home parks, apartments, self storage, multi-tenant, office, retail, light industrial, and mixed use
- Loans from $250,000- $5 million
- Capped lender fees
- Multi-families with as few as 8 units served
- Minimum debt coverage ratios 1.20x
- Financing for single properties or for real estate portfolios
- Up to 80% loan-to-value
- Closings in 45-60 days
- Optional rate-lock at application
- Up to 30 year amortizations
- Nationwide service
As income property specialists, we locate the best rates and terms available for our clients by presenting the loans to a wide group of capital sources including conduits, banks, insurance companies, and hedge funds. Our philosophy is to always be available, over-deliver on promises, and make sure we understand the needs of our clients.
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