Best Commercial Real Estate Loans in Loxahatchee, FL
Are you searching out all the different types of property or real estate loans in the market for the first investment you’re looking to make? Are you eyeing that mixed-use property out there that is currently being held for sale?
Secure funding for your first ever property investment with our help here at Florida Commercial Real Estate Loan Group!
Wherever you are in Loxahatchee, FL, you can bank and count on us to help you with the mixed-use loan you need!
What is a Mixed-Use Loan?
For those who just encountered this term for the first time, a mixed-use loan is a loan you can get for a property that is mixed-use.
Mixed-use, from the term alone, houses two (2) different uses, and the most customers would be commercial plus residential.
It could be commercial use on the ground floor and residential use on the different floors above.
Common Terms For Mixed-Use Loans
So, now that you know what a mixed-use loan is, do you know the common terms for them? Many people aren’t aware but mixed-use loans are usually taken out as rather a big loan than the usual.
In fact, here are some of the most common terms and agreements in taking out a mixed-use loan:
- Leverage is usually at 85 to 90% maximum based on the Loan-to-Value (LTV) ratio of 1.25 to 1.35 the DSCR
- The loan amount usually sits at $2 million – but there’s no minimum or maximum
- Loan terms would usually be in a fixed-rate term of 5 to 15 years; its amortization can go to 25 to 35 years
- Appraisals are to be required and are to be paid for by the borrower
- Pricing would usually be based on DSCR and the Loan-to-Value (LTV) ratio
- Occupancy would usually be within 80 to 90%
The Best Mixed-Use Loans in Loxahatchee
So, if you are in Loxahatchee and you find yourself in need of a mixed-use loan, you can bank and count on us here at Florida Commercial Real Estate Loan Group to help you with it.
Although mixed-use loans are the loans we’re most famous for, you can also secure other types and kinds of loans from us, too, including:
- Hard Money Loans
- Private Money Loans
- Commercial Land Development Loans
- Multi-Family Loans
- Warehouse Loans and Warehouse Financing
- Medical Office Building Loans
- Machine and Equipment Loans
- $1 Million Unsecured Loans
- And Many More!
Don’t ever hesitate to give us a shout or an email if you need help with funding or financing – we’ll always be ready to help and to assist you!
Work With the Best!
Experience the best value and the best amortizations for your mixed-use loans – and never worry about where you can get funding ever again!
Wherever your location is in Loxahatchee, we’re just an email or a call away!
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below: