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Commercial Investment Capital Group, Inc.

Commercial Real Estate Financing - CALL TODAY (614) 636-4844

Program Guidelines

Loan Amounts &

Unit Limitations:                          $1 million to $7.5 million in all markets

                                                    Note: Loan between $6 million and $7.5 million in Small and Very Small

                                                    Markets by exception.

                                                    Loan less than $6 million no unit limitations

                                                    Loans between $6 million and 7.5 million up to 100 units

                                                    (exceptions permitted above 100 units)


Loan Purpose:                              Acquisition or Refinance (Cash-Out Available)


Eligible Properties:                      Conventional multifamily housing with five residential units or more.

                                                    Mixed-use properties subject to limitations.


Loan Terms &

Rate Structure:                           20 Year Hybrid ARM with initial 5, 7, or 10-year fixed-rate period

                                                   5, 7, or 10-year fixed-rate mortgage.

                                                   Partial interest-only and full-term interest-only may be available.


Amortization:                             Up to 30 years


Prepayments:                             Declining schedules and yield maintenance available for all loan types


Debt-Service

Coverage:                                   1.20x Top                                 1.25x Standard

                                                   1.30x Small                              1.40x Very Small


Maximum LTV:                           80% available in Top and Standard Markets


Recourse:                                  Non-recourse with standard carve-out provisions


Net-Worth &

Liquidity:                                  Net-worth equal to or greater than loan amount

                                                 Liquidity equal to or greater than 9 months P&I prior to closing


Credit:                                      Minimum FICO score of 650


Occupancy:                               Minimum 90% occupancy of units for 90 days prior to underwriting


Program Highlights:

  • Non-recourse
  • Highly competitive rates
  • Flexible terms and prepayment options
  • Streamlined process - faster closing times
  • Interest-only available
  • Up to 80% LTV in certain areas