PERMANENT

Permanent mortgage loans are debt instruments evidencing long term financing in excess of 10-15 years for stabilized commercial real estate. These mortgages can be self amortizing or have a balloon payment at a specified point during the term and offer an exit strategy for debt retirement of construction loans, bridge loans, interest only loans, etc. The debt instrument can be structured as fixed rate, adjustable rate, recourse or non-recourse representing the interest rate schedule and the borrowers personal guarantee or lack thereof for the indebtedness created by giving the lender a mortgage against the underlying real estate and executing a note memorializing the outstanding balance and the liability for repayment.

Multifamily, Hotel Assisted Living Facilities, Industrial, Mixed Use, etc.

70-80% LTV (depending on CRE Asset Class)

Loan Term: 10-30 years

Fixed

Adjustable  

Owner Occupied

Non-Owner Occupied

Full Doc

Recourse

Non-Recourse

Balloon

and more...
Commercial Mortgage Brokers *CRE Private Equity *CRE Debt Financing

Services

These are some of the properties we finance:

 Multifamily

 Mixed Use

Retail

Industrial

Office

 Hospitality

 Senior Housing

 Special Use

610 LACEY ROAD
P O BOX 202
FORKED RIVER
NEW JERSEY 08731

Phone
(609)971-7171

Fax
(609)971-7144

Email:
info@bestcreloans.com