Commercial Property Purchase

Commercial Mortgage Capital Available up to 85% LTC* for the Purchase of Existing Income Producing Commercial Property Located in the Caribbean

CaribbeanMortgageLoans.com has several commercial property acquisition loan programs available for existing income producing properties. Properties for consideration should be operational and producing income at the time of submission and the borrower should have a fully executed contract and proof of the escrow deposit for the purchase of the subject collateral. The information below will highlight the general, commercial property loan parameters that apply towards most all of these programs but will be ultimately determined on a case-by-case basis once the commercial property loan file is reviewed.

Geographical Regions

• Domestic US
• Mexico
• The Caribbean
• Most Stable Countries

Qualified Commercial Property Types Include:

• Office
• Retail
• Shopping Malls
• Strip Centers
• Assisted Living & Senior Care Facilities
• Health and Medical Facilities
• Self Storage
• Warehouse
• Convenience Stores
• Hotels and Resorts
• Motels and More

Basic Commercial Property Qualifications:

• Occupancy of 85%+
• Debt Service Coverage Ratio (DSCR) of 1.25%+
• Operating Statements for the Last 3 Years and YTD Required
• Occupancy Reports for the Last 3 Years and YTD Required

Basic Commercial Property Borrower Qualifications:

• Executed Sales / Purchase Contract
• Proof of the Escrow Deposit
• Minimum Credit Score of 650
• Prior Verifiable Experience With The Same or Similar Property Type
• Verifiable Liquid Assets for Reserves Required

*For Well-Qualified Borrowers and Properties. Contact us for more information.

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