CalStar Mortgage provides commercial property mortgages for office buildings, retail centers, industrial facilities, warehouses, and non-conventional commercial projects in La Canada Flintridge, Beverly Hills, West Hollywood, Encino, Sherman Oaks and all of California. CalStar Mortgage will close transactions that other firms pass over.
What is a Commercial Loan?
A Commercial Loan is a mortgage specifically for a commercial purpose. There are different types of commercial loans.
Stated Income Loans
Stated income loans are a type of commercial loan.
No Documentation Loans
No documentation loans are a type of commercial loan.
Bridge loans are a type of commercial loan.
Benefits of Commercial Loans
Advantages of CalStar Mortgage commercial property mortgage finance program include:
- LTV’s up to 90%
- Fixed rates up to 30 years on commercial mortgages
- Flexible amortization terms
- Potential for non-recourse loans
- Low/no pre-pay penalties
- Financing for non-conventional properties
- Potential for assumable financing on commercial property mortgages
Commercial Loans Eligibility
There are several requirements you will need to meet to get a commercial loan.
Types of Commercial Loan Properties
With a history of quality customer service, CalStar Mortgage provides financing for all types of commercial and multifamily real estate, including:
- Seniors Housing
- Medical Office
- Manufactured Home Community
- Affordable Housing
- Credit Tenant Lease
- Conventional Owner Occupied
Get Pre-Approved for a Commercial Loan
Commercial loans can be a great choice for many different types of borrowers including those looking to purchase investment properties. CalStar Mortgage offers great rates and flexible payment options on commercial loans. Contact us today at (818) 952-2815 for more information on jumbo loans or to begin the pre-qualification process. CalStar Mortgage, Inc is located in La Canada Flintridge, and serves surrounding areas including Beverly Hills, West Hollywood, Encino, Sherman Oaks, and all of California.