Commercial Mortgage Lender

No need to ever worry about refinancing again! This is a Main Street USA product!; perfect for the owner-user that falls just outside of SBA lending guidelines but, without the wait. Smaller MSA, down to 3,000 populations. Investor properties, such as multifamily, are also welcomed! Flexible underwriting guidelines, with the ability to cross-collateralize seller-held 2nd notes, make this specialized program a gem!
Long term 5 – 25 year fixed rates with fully amortized 25 year terms. Adjustable mortgage rates are also a possibility. After the close, you don’t have to worry about bank audits, inspections, or hassles! – Typical close times are approximately 3 weeks.

We look for real cash and/or equity into the deal. NO 100% financing will be considered or offered. We will give you a quick and common-sense answer.


Some of the properties considered are – Multifamily Apartment buildings – Mixed Use – Retail – Office – Warehouse – Self Storage – Auto related business – Day Care – Hair Salon – Hotel/Motel, Mobile Home Parks, & recreation properties in most states within the USA. For a complete list of properties considered within this program, please contact us.

Markets 3,000 or greater population within city/town limits is the target – The area demographics should display stable or positive population and employment growth. Credit above 600 is preferred, however, with understanding of why credit is below, approvals may be granted with reduced LTV’s or cross-collateralize with other investment homes or commercial property – Prefer solid mortgage history – No bankruptcies within past 2 years!

The need for mirco balance commercial loans has been around for as long as these property types have existed. Several years ago, the savings and loan industry built its asset base by financing many commercial owner user property types. However, as suburbia spread, shopping malls replaced the “mom and pop” retail centers, while Rite-Aids, Walgreens and CVS replaced the local, corner drug store.

Many “mom and pop” properties still are hearing the words “denied” or “NO” from their local banks, where they have been conducting business for years, for many reason, such as: the minimum loan amount is $1,000,000 or they simply are not lending in today’s marketplace.

This transformation has let to a multi-billion opportunity for those under served in this marketplace, with loan amounts below $500,000. Direct Money Lenders has capital available to serve this often overlooked market, with flexible commercial underwriting guidelines.

Our Micro Balance Loan product is perfect for the self-employed borrower that writes down expenses on their corporate or personal tax returns.

Call us today – 800-838-1889 – Quality Conduit Property Types Considered – Commercial and Multifamily!

Commercial Conduit Loans General Guidelines

Eligible Properties Purchase – Refinance – Cash out – Working Capital – FLEXIBLE UNDERWRITING
Minimum Loan Size $50,000 – $500,000
Pricing 4.99% – 12.99% Interest only – Fully amortized – 0% – 4% Origination points (paid at closing)
Loan Terms 5 – 25 year fixed term – 25 year amortization schedule – Adjustable rate option
Prepayment YES – Declining – 5-4-3-2-1%
Personal Guarantees YES – All grantors with greater than 20% ownership of the building
Loan-to-Value 70% AS-IS maximum LTV- As completed LTV is NOT considered
New Equity (cash) Requirements NO new cash equity requirement for refinance or cash out – Purchase minimum – 15% – 20% – Seller allowed to carry/subordinate/bridge the remaning LTV/LTC gap once approved.
Third Party Reports Appraisal – Collateral value opinion
Phase I environmental report insurance
DML Property inspection (required)
ALTA land survey
Preliminary Submission Package For Mobile Home Park Financing: 1. Well written summary OR our online application – Top of page
2. Representative color photographs OR older appraisal
3. Current, detailed Rent Roll, including the unit mix
4. Historical & YTD operating statements
6. Sources and uses
7. Resume or Bio