Commercial Investment Capital Group, Inc.
Local Bank & Credit Unions typically lend within 25-50 miles of their branch locations and in many cases provide "outside the box" underwriting guidelines, enabling Borrowers to bypass more stringent underwriting standards seen in government guaranteed loans, CMBS or life company loans & regional bank loans. In every scenario, the Borrower will be required to open a deposit relationship with the bank as part of establishing a new loan.
$100,000 - $10,000,000
Eligible Property Types:
Most Property Types
Owner Occupied & Investment
Loan to Value:
Up to 80% of property appraised value
Typical Interest Rate:
5.00% to 6.50%
1.10x to 1.25x
20-25 Year Term / 20-25 Year Amortization
Prepayment Penalties not always included & typically negotiable
Minimum Credit Score: