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Commercial
Mortgage Loan
Quick Links |
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Stated
Income Commercial Loans |
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CommercialBanc
Car Wash Commercial
Loan Program
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CommercialBanc provides commercial mortgage programs for
car wash,
care care center, and other similar property types located
in all 50 states and the District of Columbia.
CommercialBanc understands the special financing
needs of car wash centers and offers several car
wash loan programs
to help meet the
financing needs of
its borrowers. |
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CommercialBanc
provides car wash
loans for the
acquisition or
refinance of the
business and real
estate only,
borrowers seeking
car wash financing
for the the purchase
or refinance of the
business are
ineligible for
CommercialBanc's car
wash lending
program. |
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CommercialBanc
provides car wash
loans and car care
center loans for
both investor and
owner managed
properties. |
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Minimum Car Wash Commercial Loan Size
$500,000
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Owner-Occupied
or Investor Properties
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Underground Storage Tank
Limitations
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15, 20, 25, & 30 Year
Amortizations
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3, 5, 10, 15 Year Fixed
Rates
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LTVs Range Between 55% - 80%
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Flexible Prepay Options
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Full Document - Personal
Recourse
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Minimum 660 Credit
Score
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3 Years
of Historical Income Req.
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Low Minimum 1.25 DSCR
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CommercialBanc
provides stated
income car wash
loans on a
case-by-case basis.
Property quality,
borrower strength
and property
location are major
determinants of
funding. |
Commercial Mortgage Broker Car Wash Loan Program
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CommercialBanc's car
wash loan program is
not part of its
formal broker
program and will
work with broker
requests on a
referral basis only. |
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