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Conduit Loans
Quick Links |
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CommercialBanc Advantage |
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With no lender points, no
up-front fees, highly competitive rates and low commitment
deposits, CommercialBanc has become one of the nation's
leading originators of small to mid balance commercial
mortgage (CMBS) debt. |
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No Lender Point Options
No Up-Front Fees
No Bank Legal Fees
No Securitization Fees
No Investment Bank Fees
Low Commitment Deposits
In-House Processing
Interest Only Payment
Option
Capped closing fee
starting at an industry low $15,500 which includes
lender costs, appraisal, and third party reports.
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Home >
Conduit
Loan Center |
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CommercialBanc
Capital Markets
Conduit Lending
Group
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With a corporate
history dating back
to 1988,
CommercialBanc's
Capital Markets
Conduit Lending Group has
developed the
experience and
capital markets
relationships
necessary to
properly structure
each borrower's loan
request to ensure
successful execution
at the lowest fixed
rate pricing in the
market. |
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Unlike other
commercial mortgage
bankers and conduit
lenders,
CommercialBanc
focuses on the
smaller size conduit
loans, under $10
million, making
capital markets
financing available
and affordable to
borrowers without an
investment banking
relationship, or
that have simply
been ignored by the
larger conduits or
investment banks due
to smaller
commercial real
estate loan sizes. |
Conduit Loan Program
Overview
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CommercialBanc's
Conduit Loan Program
provides the lowest
permanent fixed rate
commercial real
estate loans for the
acquisition or
refinance of
stabilized, income
producing commercial
real estate
properties located
in most market
sectors, including
small and medium
markets for
commercial mortgages
up to $25 million
plus. |
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Conduit loans offer
borrowers the lowest
fixed rate
commercial financing
available. Interest
rates start as low
as 70 BPS over the
comparable "on the
run" Treasury rates. |
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Conduit loans offer
investors high
leverage with a
standard 80% LTV and
an option for a
Mezzanine program to
increase leverage to
90%. |
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Conduit loans are
non-recourse with no
personal guarantees
required, except for
standard carveouts
for borrower fraud
and other illegal
behaviors. |
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Typical
Commercial Real
Estate Loan Structure |
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Minimum Loan
Size $1 Million |
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Maximum 80% LTV |
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25 and 30
Year Amortizations |
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Non-Recourse / Standard
Carveouts |
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No Personal
Guarantee Required |
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Defeasance or YM Prepayment |
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Typical 2-5
Year Lockout |
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1.20-1.35 DSCR
Requirements |
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Program Options
for Multifamily
Housing Properties |
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CommercialBanc
offers two
additional conduit
loan program options
for financing
multifamily housing
properties,
CommercialBanc's
Banc Series Blended
Program and a
Fannie Mae MBS
execution option. |
Banc-Series Conduit
Multifamily Loan
Program
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CommercialBanc's
Banc Series Blended
Program offers
borrowers a low
cost, flexible
conduit loan option
for multifamily and
limited mixed-use
properties. |
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Minimum Loan
Size $500,000 |
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Maximum Loan Size $5
Million |
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Maximum 80%
LTV |
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Yield Maintenance
Prepayment |
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25 and 30
Year Amortizations |
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5/7/10 Year Fixed Term
Options |
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Interest
Only Payment Option |
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Up to 25% Commercial
Mixed-Use |
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1.15 DSCR in
Low Cap Areas |
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Subordinate Loans
Acceptable |
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Reduced Prepayment
Exposure
Greater of 1% OPB, or Yield Maintenance
No Prepay Penalty During Last 90 Days of Commercial Real
Estate Loan Term |
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