Net Equity Financial Mortgage offers commercial real estate property loans for the acquisition or refinance of retail properties and shopping centers including: local or regional mall, grocery, big box, anchored, unanchored, shadow anchored, single and multi-tenant, and similar type properties. Tenant mix should be diverse yet complimentary. Major tenant lease terms must comply with the loans fixed term period. Properties with restaurants, fitness centers, dry cleaners and other similar business types may have underwriting restrictions.
Our retail commercial property loan program provides borrowers with fast flexible financing options with low rates and flexible financing features. We offer stated income, no document, and full document program options to borrowers depending on their individual requirements and needs.
Learn more about our Retail Financing Programs by selecting a link below or by calling an commercial mortgage professional at 1-800-757-1990.
Large Balance Retail Center Commercial Loans
Large balance retail commercial real estate loan program is designed for average and above average condition property types located in medium to large market sectors.
· Minimum Office Loan Size is $500,000
· Loan Collateralized by Commercial Real Estate - No Business Only Financing
· Acquisition or Refinance of Stabilized
· Bank, Conduit, and Conventional Financing Available
· 3, 5, 7, 10 Year Fixed Rates
· 15, 20, 25, & 30 Year Amortizations
· Flexible Prepay Options
· 75% LTV - Subordinate Debt OK
· Minimum 660 Credit Score
· 3 Years of Historical Income Req.
· Low Minimum 1.40 DSCR
Small Balance Retail Commercial Loans
Similar program features as our large balance program, the small balance retail loan program is designed for loan sizes under $1,000,000.
Stated income office commercial loans are available for most commercial real estate property types located in medium and large market sectors across the country.
Net Equity Financial Mortgage provides office commercial loan options as a part of our Retail Building Commercial Loan Program. To qualify for an office loan, the building must support a minimum 1.25 DSC. Stated income Motel commercial property loans are available with a maximum LTV of 55%.