Commercial Purchase Loans

Step Up Your Real Estate Portfolio!

Whether it's sleek office spaces, busy storefronts, expansive warehouses, or multi-unit apartments, we've got you covered. Make your investment dreams come true!

NA Commercial Purchase Loan, or Commercial Mortgage, is designed for buying commercial properties. Whether you’re eyeing a sleek office space, a vibrant retail plaza, or a huge warehouse, we’ve got you covered. You can even use these loans to snap up large-scale properties like sports complexes or multi-unit apartment buildings.

How Much Can You Borrow?

It’s all about the Loan-To-Value (LTV) ratio. This ratio tells you how much of the property’s value can be financed through the loan. For example, if your property is worth $1,000,000, a 70% LTV means you can get a $700,000 loan. Typically, commercial loans range from 50% to 90% LTV, depending on the property type and your qualifications. Pro tip: A higher down payment often means better interest rates and terms.

What is DSCR?

Meet your new best friend: the Debt Service Coverage Ratio (DSCR). This metric shows if your property’s income can cover its loan payments. It’s calculated by dividing the Net Operating Income (NOI) by the annual debt service (monthly payments and interest). A high DSCR means your property generates enough income to easily cover the loan payments, making you eligible for larger loan amounts.

DSCR Formula:

DSCR = NOI / Annual Debt Service

  • High DSCR: More loan opportunities and investment potential.

  • Low DSCR: Lower loan amounts due to income limitations.

Make sure to include all relevant costs like taxes and interest in your NOI for a true picture of your property’s financial health.

Small Balance Programs:

We offer flexible small balance programs to suit various needs and property types.

Full Doc Loans:

  • Who’s it for? Investors and Owner-Occupied

  • Loan Size: $100K - $2M

  • Loan Terms: 30-Year Fixed, 5-Year ARM

  • Amortization Options: 15, 25, 30 years

  • Purpose: Purchase, Cash-Out, R/T Refinance

  • Max LTV: Purchase: 80%, Refinance: 75%

  • Min FICO: 650

  • Min DSCR: Investor: 1.15x, Owner-Occupied: 1.2x Global

Lite Doc Investor Loans:

  • Who’s it for? Investors Only

  • Loan Size: $100K - $2M

  • Loan Terms: 30-Year Fixed, 5-Year ARM

  • Amortization Options: 15, 25, 30 years

  • Purpose: Purchase, Cash-Out, R/T Refinance

  • Max LTV: Purchase: 80%, Refinance: 75%

  • Min FICO: 650

  • Min DSCR: 1.15x

No Doc Streamline Loans:

  • Who’s it for? Investors and Owner-Occupied

  • Loan Size: $100K - $1M

  • Loan Terms: 30-Year Fixed, 5-Year ARM

  • Amortization Options: 15, 25, 30 years

  • Purpose: Purchase, Cash-Out, R/T Refinance

  • Max LTV: Purchase: 75%, Refinance: 70%

  • Min FICO: 700

  • Min DSCR: 1.00x

Bank Statement Loans:

  • Who’s it for? Owner-Occupied Only

  • Loan Size: $100K - $2M

  • Loan Terms: 30-Year Fixed, 5-Year ARM

  • Amortization Options: 15, 25, 30 years

  • Purpose: Purchase, Cash-Out, R/T Refinance

  • Max LTV: Purchase: 80%, Refinance: 75%

  • Min FICO: 650

  • Min DSCR: 1.20x Global

Why Choose SmartFund RE?

  • Flexible Financing: Up to 90% LTV depending on qualifications.

  • Better Rates: Higher down payments lead to better terms.

  • Easy Calculations: Simplified DSCR assessment for your convenience.

  • Wide Range of Properties: From small offices to massive retail plazas.

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