Commercial Real Estate Loan Types We Facilitate
Designed for investors seeking a simple financing solution for purchase or refinance, with the flexibility to remain in the loan for up to 30 years.
Stated Income Loans
Stated income loans provide a flexible option for borrowers that traditionally do not qualify for bank financing, and do not require exceptional credit scores, income verification, or tax returns.
Provided for the ground up construction or major renovation of a property. Money is paid out to borrowers incrementally in the form of draws as work is completed during the various stages of construction.
Allows access to cash by refinancing a current loan for a higher amount.
Commercial Bridge Loans
Loans that provide borrowers a short term loan until permanent financing becomes available.
Hybrid debt and equity financing that allows the lender convert to equity-interest in a property if the loan is not repaid in full.
Small Business Administration (SBA) loans
The federal Small Business Administration guarantees bank loans that are structured to meet SBA requirements. The 7(a) program is typically utilized for starting, acquiring and expanding businesses. The 504 program facilitates long-term, fixed-rate mortgages for fixed assets - usually buildings, land and machinery. These loans are often more favorable that conventional bank financing.
Mortgage loans secured by multiple properties as collateral.
Construction Completion Loans
A loan to cover cost overruns of a project. Banks will lend a set amount for the construction budget, and borrowers are required to pay for or finance additional costs not originally allocated for. In the event the borrower experiences a cash shortfall, construction completion loans cover the difference.
Rehab Fix & Flip Loans
Short term loans for investors to purchase and renovate a property before selling it for a profit. Typically provides up to 90% of the purchase price, 100% of the renovation costs, and 70% of the after-repair value.
Equity Line of Credit
A credit line for property owners to borrow against the owner's available equity in a commercial property, as needed. There is typically a fixed period of time for the borrower to draw on the loan, after which it converts to a term loan.
Financing for hard-to-fund projects or short-term purposes provided b hard-money lenders thar generally give more consideration to the value of the property, or collateral, than to credit history of the borrower. Loan-to-value ratios are typically less than 75 percent.
Long-Term Commercial Mortgages
Standard commercial real estate loans from a banks or private lenders that provide broader use and terms rarely exceeding 20 years. Rates can be fixed or variable and typically fall between 5 and 7 percent.
Interest-only loans provide borrowers a low monthly payment where only the interest is paid for some or all of the term of the loan. At the end of the term, typically 1 to 7 years, the principle loan amount will be due.
Preferred equity investments take a junior position to the first mortgage, but are in a senior position to the sponsor’s equity investment, which is also called common equity. Preferred equity carries a higher degree of risk and often requires a higher rate of return than the interest rate of the first mortgage due to being in second position.
Joint Venture Equity
Investments structured as a partnership where the capital member provides financing for the majority of the project, and the operating partner utilizes their real estate expertise to ideally acquire, develop, and manage a well-positioned commercial real estate project.
HUD 221(d)(4) and 223(f) Loans
Long term financing for the acquisition, refinance, new construction and substantial rehabilitation of market rate apartment buildings nationwide.
HUD 232 and 232/223(f) Loans
Long term financing for the acquisition, refinance, new construction and substantial rehabilitation of assisted living, memory care, skilled nursing, and independent living facilities throughout the country.
Small Balance Commercial Loans
These are often referred to as 'story' loans as there may be particular circumstances that prevent a borrower from securing traditional bank financing. These loans are relatively easier to get closed due to streamlines underwriting guidelines.
Hard money loans on cannabis property investments for purchasing and leasing industrial buildings to cultivators and producers.
Airbnb Property Loans
Hard money loans to purchase and renovate properties with great potential for the short-term rental market.
Provides an additional capital injection required above the loan amount up to 100%.
Long-term financing for single family residential properties or portfolios.
Conventional Fixed Rate Mortgages (FRM)
Features a constant interest rate for the life of the loan with terms generally range from 10 years, 15 years, 30 years and 40 years.
Adjustable Rate Mortgages (ARM)
Loans where the interest rate is recalculated on a yearly basis depending on market values
Fix to Rent Loans
Provides an interest only fix and flip loan to finance the purchase and repairs and then allows the convenient option of rolling into a 30-Year rental loan.
Some of the programs we offer
The A+ Program
The A+ program is designed for small business owners and property investors with good credit and solid financials who are unable to obtain bank financing.
Small Balance Real Estate
Streamlined stated income and full documentation mortgages for commercial and residential property (no personal residences). Low credit, back taxes, a past bankruptcy or foreclosure, low occupancy, and other issues can be considered. Purchase, refinance, renovation, and cash-out loans are available nationwide.
If you want to take advantage of low rate SBA financing, but have been turned down by other conforming lenders—you’ve come to the right place! We’ve closed almost $200 million of SBA loans for business owners with poor credit, limited collateral, low cash-flow, a past bankruptcy or foreclosure, a unique business, special-purpose property, or other issues.
Asset-Based Bridge Loan
Our bridge loan program is our most popular loan product due to it's flexibility; mainly due to having no minimum credit score. Aside from no minimum credit score, there are additional benefits such as no prepayment penalty, flexible underwriting guidelines, and monthly interest-only payments to keep payments low.
Like all of our loan programs, applying for our Bridge Loan does not have any minimum time in business requirement, no minimum monthly revenues, and absolutely zero income documentation; a true asset-based loan.
Residential Real Estate Secured Business Loan
The Secured Business Loan program for residential real estate is ideal for those who plan on holding an investment property for the foreseeable future since it comes with a stable, fully-amortized, 30-year term.
The Secured Business Loan for residential real estate program also has additional benefits such as the ability to minimize your prepayment penalty, flexible underwriting guidelines, and monthly principal & interest payments which helps decrease your loan balance each and every month.
Like all of our loan programs, applying for a Secured Business Loan does not have any minimum time in business requirement, no minimum monthly revenues, and absolutely zero income documentation.
Commercial Real Estate Secured Business Loan
Secured business loans on commercial real estate such as multifamily, mixed-use, office, and retail properties. These properties can be owner-user, or rented out to tenants. If rented to tenants please keep in mind that we require a minimum 70% occupancy rate; in other words 70% of the units (or more) must be occupied by tenants.
Commercial Loans are offered with a 30-year term, fixed-rates are available, which allows for predictable payments.
Like all of our loan programs, applying for our Commercial Loans does not have any minimum time in business requirement, no minimum monthly revenues, and absolutely zero income documentation; making it a great alternative to SBA or bank financing.
Sources of Capital
Additional Property Types
Ready to qualify for a Commercial Real Estate Loan?
Click the link below to access our commercial real estate application.
Hub Financing, LLC
19L Inn Street
Newburyport, MA. 01950
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Phone: (800) 521-7897Fax: 800-521-7897
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