COMMERCIAL LOANS AND MORTGAGES

Loan Programs

A wide variety of loan programs beginning at $350,000.00 in some markets to meet your needs, including:

• Multi-Family/Apartment Loans
• Commercial Real Estate Loans
• NNN (Triple Net) Loans

These programs allow us to close transactions at competitive rates and terms. We also offer programs other bank lenders often decline (Stated Income, Interest Only, etc.).

Loans for Multi-Family/Apartment Buildings

We provide recourse and non-recourse multi-family/apartment building loans. Our multi-family and apartment loan programs are targeted to the $350,000+ market segment and can handle either purchase or refinance requests.

Multi-family loan finance programs include:

• Low pre-payment penalties
• Loan LTVs up to 85% 
• CLTVs to 85% (with seller financing participation)
• Flexible loan amortization rates (up to 35 years)
• Re-course and non-recourse loans
• Loan terms up to 35 years
• Assumable financing programs

Loans for Commercial Real Estate

Mortgage financing for projects, including:

• Office buildings
• Retail centers (strip retail, retail, big box, and single tenant/owner/occupant)
• Warehouses
• Self storage
• Mobile home parks
• Mixed use

Commercial property mortgage finance programs include:

• Owner Occupied LTV's up to 90% 
• Flexible amortization terms (up to 30 years)
• Potential for non-recourse loans
• Fixed rates up to 5 years
• Low pre-payment penalties (also defeasance pre-payment penalties)

NNN Retail

We can assist you with NNN (Triple Net), single tenant, and loan mortgages for retail. We also have the ability to expedite commitments for your 1031 exchange and NNN needs.

NNN loan finance programs include:

• LTV's up to 80%
• Flexible loan amortization terms (up to 30 years)
• Non-recourse loans
• Loan terms up to 30 years
• Assumable financing programs

For more than a quarter century the lenders at LCM have provided market driven apartment loans and commercial loans for retail customers and mortgage brokers.  With a combined staff experience approaching 150 years, we can provide you with the apartment loans and commercial loans to meet your needs.

We offer first mortgage apartment loan and commercial loan products through our channel of mortgage brokers in all 50 states.  With our national scope and large product offerings, Our Lenders are positioned to be your lender for apartment loans, multifamily loans and commercial loans. 

We offer the following commercial loans and apartment loans: 

• Apartment loans
• Commercial loans
• Affordable Housing
• Apartments 5+ units
• Mixed Use
• Mobile Home Parks
• Office Buildings
• Office Condos
• Office Warehouse
• Light Industrial
• Retail
• Strip Retail
• Single Tenant Retail
• Hospitality
• Full Service Hotel
• Limited  Service Hotel/Motel
• Self Storage (mini storage)
• Franchised Restaurant (Regional or National in scope: i.e. Wendys, McDonalds, Taco Bell, Chick-fil-a, Arbys, etc)
• Car Wash
• Auto Repair
• Gas Station with Convenience store attached
• Convenience Store standalone (C-Store)
• HUD Apartment Projects
• Section 8 Apartment Projects
• Co-op multifamily projects 
• Business real estate loans
• Commercial real estate loans
• Small Business Administration (SBA) loans
• Day Care
• Non-recourse loans
• NNN retail loans

And many other commercial real estate loan types (if you don’t see your commercial loan type above, call us).

Not only are our rates and terms extremely competitive, but as a commercial and an apartment real estate lender, we are proud of our reputation for providing excellent service and giving personal attention to your customers throughout the closing process.  We can help you obtain financing for your customers at rates that are extremely aggressive.  We offer additional the following:

• National coverage  (all 50 states)
• Aggressive underwriting and Low Debt Cover Ratio (DCR) loans (as low as 1.0x) in some markets 
• Expressions of Interest letters (EOI) generally in 24-48 hours
• Up to 30-year fixed rate loans
• Stated loans in some markets