BankerBroker.com Business Real Estate Financing Commercial mortgages at competitive ratesBankerBroker Business Real Estate Financing can help you refinance or purchase a commercial building or leverage the equity for business needs. We offer business owners and commercial real estate investors low-cost financing with these great features: - Financing up to $15,750,0001
- No application fee and no appraisal fee
- Low origination fee of just 1% of the loan or line amount,2 maximum $5,000
- Fixed-rate and Prime-based loans with a variety of terms3
- Stated Income available as well as Full Documentation
Feel confident that you are getting the most competitive offer. We'll match or beat a competing offer (rate and fee combination) when a competitor's formal written approval is provided to us — or pay you $200. Questions about our commercial mortgages, or ready to apply? CALL 949-244-1880
BankerBroker has partnered with Creditbay Capital for all commercial real estate financing. We specialize in commercial real estate financing in Southern California and the western United States. Loan amounts range from $300,000 to over $20 million.
See the latest news in commercial real estate financing About Creditbay Capital Creditbay Capital specializes in commercial real estate financing in Southern California and the western United States. The principal of Creditbay Capital has over 25 years of experience in the real estate industry financing over $2 billion of various types of income producing real estate including: - Apartments
- Medical office buildings
- Mobile home parks
- Owner/user
| - Office buildings
- Self storage facilities
- Time share receivables
- Hotels and motels
| - Retail centers
- Mixed use properties
- R&D buildings
- Industrial buildings
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Many of these required complex structured transactions including wraparound mortgages, notes receivable financing, equity participation loans, mezzanine financing, and mobile home park and condo conversions. Our expertise is originating complex structured commercial real estate transactions ranging in size up to $250 million. Creditbay Capital is a unit of Experian Financial Management, Inc. and is a real estate broker corporation licensed by the California Department of Real Estate, license # XXXXXXX.
Income Property Loan
Programs
There is a wide array of income property loan
programs available in our industry. It takes knowledge and experience to find
the best program for each borrower. At Creditbay Capital, we match loan
programs to fit the stated objectives and goals of our borrowers.
Creditbay Capital specializes in securing
apartment and commercial real estate loans ranging from $500,000 to $20 million
or more for properties located in Southern and Central California and the
western United States. From the simple purchase or refinance transactions to
transactions involving construction, property rehabilitation, holdbacks or
cash-out, we have the experience and industry contacts to get the job done. We
are experienced at a broad range of loan structures:
• Permanent Loans
For stabilized properties with cash flow to support long term financing
typically at the best loan rates.
• Construction/perm
Construction loan which converts to a permanent loan at some pre-determined
criteria (completion of construction, minimum lease up, etc.)
• Structured Loans
Typically these loans are custom designed with increasing loan amounts
(earn outs) based on the improvements in the property's cash flow due to
renovation, increasing rents to market rates, re-positioning the property in
terms of condition or quality, etc.
Creditbay Capital's approach to real estate
financing is to match our client's business plan or goal for the property to
the capital source which best achieves that goal.
Benefits of Using a Real
Estate Financing Professional
Why should I use a real estate financing
professional when buying or refinancing my real estate? This is a question we
hear quite often from our new customers. Using an experience & qualified
mortgage professional benefits the real estate investor in several ways:
(1) Better loan terms. A customer going direct would
be required to interview and understand loan programs from a large number of
local and regional lenders. There is no way to effectively accomplish this
without being in the lending market every day. Unlike singe family lending, a
multifamily or commercial real estate loan is not a commodity. Each lender has
its own unique loan programs and pricing structures. At Creditbay Capital, we
know which lenders are offering the best products to fit your financing
requirements.
(2) Better service. We stay involved in the loan
process from beginning to end. Once the best loan terms are obtained, we assist
you in filling out the application forms, coordinating the loan processing,
etc. Additionally, our relationships with the top management of many local
lenders afford us access and priority not available to the direct customer.
(3) Wholesale pricing. Lenders typically have two
pricing structures: retail and wholesale. Retail pricing is provided to
borrowers who approach the lender directly. The loan fee is typically 1% and
sometimes higher. The "wholesale" pricing is provided to the mortgage
broker; generally at par (no loan fee) which allows us to charge the same (and
sometimes lower) fee than if you went direct. In essence, you will be paying
for the services of a real estate professional whether you use their services
or not.
The fact of the matter is a well qualified and
experienced real estate professional can save you both time and money in the
financing process. We at Creditbay Capital have over 25 years of experience in
the income property loan industry. Our established lender relationships number
in the hundreds, allowing us to find the lender best suited to an individual
borrower.
If you are still considering a direct loan with
a lender ask them these questions:
- Do
I have access to 20 or 30 other banks' rates and programs or just your
bank?
- Since
I'm expected to do all the work, will I be charged lower loan fees than I
would pay a professional?
- Will
my loan receive the same priority as the customer using a professional?
Based on our experience, the answer to all these
questions is a resounding no. Next time you need financing for your investment
real estate cal Creditbay Capital. We'll tell you what we can do for you, give
you various options with our best suited lenders or recommend other avenues
depending on your situation. We will discuss a financing strategy for your
specific property to best fit your investment goals. Highlights of Commercial Loans & 5+Unit Loans
- Banker & Broker Lender with Over $2B in Loans Underwritten since 1991
- Fixed Rates from 3.45 Up to 75% LTV
- Low or No Lender Fees & Points
- No Prepayment Penalties, No Junk Fees
- Poor Credit, Bankruptcy, Foreclosure – OK
- Pre-Approvals within 24 hours, Funding in Days
- Retail, Office, Multi-Family, Industrial, Self Storage
- Flexible Underwriting & Creative Financing Options
Recently Funded Commercial Loans$3,350,000 9.53% 3 year 1st TD Rancho Cucamonga 82,963 class A office building 60% loan to value $400,000 9.5% 3 year 1st TD Santa Barbara 4 single family rentals on 2 parcels 40% loan to value $425,000 9.5% 2 year 1st TD San Francisco neighborhood market 2,969 s.f. mixed use building 50% loan to value $500,000 10.5% 3 year 1st TD Panorama City auto facility 4,442 s.f. repair and sales building on a 28,000 s.f. parcel 28% loan to value $2 million 10.5% 3 year 1st TD Mojave Spaceport hanger 37,600 s.f. facility on leased land 64% loan to value $450,000 9.5% 3 year 1st TD San Luis Obispo office building 1,976 s.f. facility on a 6,000 s.f. parcel $715,000 9.5% 3 year 1st TD Redway CA mixed use retail building 7,800 s.f. facility on a 2 acre parcel |
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 | Property: 30 Unit Apartments Location: San Dimas, California Loan Amount: $3,150,000 Type loan: Refinance |  | Property: 16,000 sf Industrial Condo Location: Carlsbad, California Loan Amount: $2,400,000 Type loan: Owner/User Refinance |  | Property: 41 Unit Apartments Location: Downey, California Loan Amount: $3,100,000 Type loan: Refinance |  | Property: 6 Unit Apartments Location: Riverside, Caliufornia Loan Amount: $455,000 Type loan: Refinance |  | Property: 12,000 sf Industrial Location: Anaheim, California Loan Amount: $1,200,000 Type loan: Owner/User Refinance |  | Property: 72 Unit Apartments Location: Bakersfield, California Loan Amount: $3,800,000 Type loan: Refinance |  | Property: Fairfield Inn Hotel Location: Coeur D’ Alene, Idaho Loan Amount: $3,300,000 Type loan: Acquisition |  | Property: 9 Unit Apartments Location: Wilmington, California Loan Amount: $600,000 Type loan: Refinance |
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