Commercial Property Refinance

Commercial Mortgage Capital Available Up to *85% LTV for Refinancing of Existing Commercial Income Producing Property Located in the Caribbean

Commercial has several commercial property refinancing 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 supporting income and occupancy data to support their loan request for the subject collateral. The information below will highlight the general, commercial property loan parameters that apply towards most all of these programs but will ultimately be 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
  • Hotels, Resorts and Hospitality
  • Motels
  • Convenience Stores
  • Other Properties Considered (case by case basis)

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:

  • Minimum Credit Score of 650
  • Liquid Assets for Reserves Required

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



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