Commercial Loans

Bluecastle Lending offers a wide variety of Commercial loan products, mostly designed for those business owners looking for an alternative to restrictive bank financing. Below are some highlights:

  • Eligible Borrowers: U.S. Citizens, Permanent Resident Aliens, Legal Entities
  • Loan Amount: $250K-$2MM
  • Purpose: Purchase, Cash Out Refinance or Rate and Term Refinance
  • Products: 5-Year and 7-Year Hybrid
  • Rates: 6-9%
  • Amortization: 20, 25, 30
  • Min. Middle Credit Score: 650
  • Eligible Markets: Top 200 MSAs
  • Index: Wall Street Journal Prime Rate
  • Property Types Tier 1: Multifamily and Mixed-Use (Residential)
  • Property Types Tier 2: Mixed-Use (Commercial), Office, Retail, Light Industrial, Self-Storage, Warehouse, Automotive, Mobile Home Parks
  • Prepayment Penalty: 5% For First 3 Years
  • Credit-worthy investors or business owners looking for an alternative
    to restrictive bank financing can enjoy a max LTV for Tier1 of 80%, Tier 2 of 75%
  • Investors who may not be able to disclose certain financial information or whose properties are more valuable than a tax return might show can enjoy a max LTV of 75%
  • Owner-occupied transactions where the business owner has difficulty
    documenting their income for traditional lenders can enjoy a max LTV of 70% for Tier 2 properties.
  • Borrower does not document income on tax returns, investor and owner occupied.
  • Recently stabilized – we only need 75% economic occupancy for the preceding 90 days at a 1.2 DSCR.
  • No seasoning on title and the ability to use appraised value vs cost basis
  • Low liquidity – we only needs 3-6 months of P&I in reserves

Subject to credit approval. For more information, contact Bluecastle Lending at 954-866-0000 or