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Commercial
Mortgage Loan
Quick Links |
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Stated
Income Commercial Loans |
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CommercialBanc
Marina
Loan and Marina
Financing Programs
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If you currently own
a marina or are
looking to purchase
a marina, yacht or
other similar
property type,
CommercialBanc can
provide highly
competitive and
flexible financing
options for
acquisitions or
refinances.
CommercialBanc
offers marina loans
and marina financing
for properties
located in the
United States with
commercial mortgages
starting at
$100,000. |
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CommercialBanc
offers marina
commercial loans for
borrowers able to
document income as
well as borrowers
requiring limited or
stated income
options. |
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For borrowers able
to document
historical income,
CommercialBanc
offers highly
competitive marina
financing under its
conventional marina
loan program. |
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Minimum Marina Commercial Loan Size
$500,000
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Stabilized Properties -
Rehab Financing Available on
a Case-By-Case Basis
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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 marina
loans for loan sizes
starting at a
minimum of $100,000
with a maximum loan
size of $1 million. |
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No Personal or Business Tax
Returns Required
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Commercial Mortgage Broker
Marina Loan Program
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CommercialBanc's
marina 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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