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Commercial
Mortgage Loan
Quick Links |
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Stated
Income Commercial Loans |
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CommercialBanc
Funeral Home Commercial
Loan Program
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CommercialBanc provides
commercial real
estate loans for the
purchase or
refinancing of
existing, stabilized
funeral homes. The
death care industry
requires specialized
financing to meet
the unique borrowing
needs of businesses
operating in this
dynamic market.
CommercialBanc
understands these
needs and helps make
the process of
obtaining a funeral
home commercial loan
seamless. |
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CommercialBanc's
funeral home loan
program is available
for commercial real
estate properties
and businesses with
a strong operating
history, strong
sponsorship and
should be located in
mid to large market
sectors. Currently,
CommercialBanc does
not provide funeral
home financing for
the construction or
rehab of funeral
home properties. |
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Funeral Home
Loan Program
Overview - Large
Balance - |
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Minimum
Funeral Home Commercial Loan Sizes
$500,000
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Owner-Occupied
or Investor Properties
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Purchase or Acquisition
Financing Available
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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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Commercial Mortgage
Broker Funeral Home Loan
Program
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CommercialBanc's
funeral home 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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