Multifamily Mortgage Divisions
Commercial Financing Lender
Apartment Financing

Commercial Loan & Refinance Lender - Small Balance

Most commercial property types are considered. Those applicants who quailfy, will be offered either low, fixed mortgage rates or permanent long term financing. We also offer direct "in house" underwriting approvals for shorter term, bridge financing solutions. Hard money loans for most any commercial income producing property located in average to above-average locations on a Nationwide basis.

Commercial mortgages ranging from $500,000 - $3,000,0000. Direct Money Lenders offers a few advantages over your local bank. We work with about a dozen (not hundreds or thousands) - who works with hundreds of lenders, by the way?? of the top National small balance apartment capital sources available today. We have established excellent, long term relationships with reliable lending institutions.

Our reputation is untarnished within the lending community. A lot of time is spent maintaining these bank relationships in order to provide you the most current market conditions, information, and programs.

Turn times are reasonable and our expertise can't be beat. All bankable or "A" deals are jointly underwritten with one of the capital partners - Purchase - Refinance - Cash out options available.

Summer 2011, many regional/national banks and other conduit lenders have severely limited their lending activities or stopped lending altogether. Direct Money Lenders is active today providing small balance commercial loans in most US markets.

Direct Money Lenders does not charge any upfront fees prior to Loan Terms and you will be given a quick and HONEST answer.

Call us today - 317-663-3153 - Virtually all Commercial Property Types Considered!

Small Balance Commercial Refinance Mortgage General Guidelines:

Eligible Properties Reatil - Office - Mixed use - Self Storage - Warehouse - Light Industrial - C-Store - Church Financing - Professional office - Owner User - Investor Properties - Credit Tenant to 90% LTV! Complete list here
Minimum Loan Size $500,000 - $3,000,000+
Pricing Tiered pricing based on LTV and DSCR
We can work with many document types and FICO scores
Loan Terms 1 - 30 year fixed terms with 20 - 25 - 30 year amortization
Prepayment None - Defeasance - Yield Maintenance - Declining
Personal Guarantees Recourse or Non-recourse with standard carve outs
Minimum DSC 1.25 - 1.35
Loan-to-Value 75% maximum - Higher for Credit Tenant
Occupancy Requirements Stabilized or not stabilized properties considered - 12 month trailing cash flow should support minimum DSCR requirements for max LTV.
Third Party Reports Appraisal
Phase I environmental or insurance
Property inspection
ALTA land survey
Preliminary Submission Package For Commercial Mortgage Financing: Include the following in your request for a commercial mortgage quote:
1. Property description, address, & current debt structure - Well written summary
2. Representative color photographs - (6 - 7 preferred)
3. Operating statements - YTD & prior - (2 - 3 years preferred)
4. Personal and business tax returns - (2 - 3 years preferred)
5. Current rent rolls
6. Sources & uses
7. Sponsor's resume

Direct Money Lenders Finances Commercial Refinace Loans

Alabama Alaska Arizona Arkansas California Colorado Connecticut
Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana
Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire
New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina
South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Don't take our word for it...

"Understanding my commercial loans was difficult for everyone I spoke to...That is before I came across Direct Money Lenders website. I picked up the phone and was able to actually speak to a qualified representative that gave me solid advice."

Nathan Riley, Sioux City, Iowa

"The loan officers at Direct Money Lenders are very HONEST, professional, and hard working." "I was impressed with the quick close times and clear expectations of what to expect during the process."

John Bates, Lakeland, Florida

Direct Money Lenders has the ability to finance virtually any commercial property type Nationwide:
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