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Are you looking for just the
right loan for financing office buildings? We can and do
arrange easy qualifying financing for office
building loans in amounts starting at $100,000 and up. We can offer a
simplified qualifying process on fixed as well as adjustable rate programs with
terms that can range up to 30 years. We will review and package your request in
a way to make the commercial lender want to approve you application. If it makes good economic
sense, we will generally have a "letter of interest" or "pre-approval" out to
you in 24 to 48 hours. Closing can take place within 30-45 days from the time we
receive your complete package.
For some reason, many
banks and other conventional lending sources nationally often turn down small
amount requests. This is usually because the mortgage broker is unfamiliar in
how to properly package the file. It is an art form in packaging financing for
office building loans that make the lender want to say yes. Usually, the
borrower's credit is good and the property is sound and well-occupied. They just
don't want to handle the smaller amount requests. Because of this, many
deserving investors do not get necessary funding. We won't say no to the smaller
requests but usually handle the larger ones. Be confident that we will get it
funded either way.
Loans for office building
financing is a Maximum Financial specialty. We have creative lenders who can
structure a package for loans for financing that office building you want to
buy, refinance or remodel.
We finance single-tenant,
multi-tenant buildings. Funding the transaction is
driven by a desire for the best terms and lowest possible rates. Another goal is
to get the highest possible LTV. We focus on the transaction aspects
that are most important to the borrower.
Are you looking for lenders service on purchase or
re-financing loans for office warehouse buildings? Your personal MFI representative will
guide you through the entire process. He / She will counsel you from start or
finish to
answer any questions that you may have. We hope we have provided enough preliminary information
for you to make the decision to submit our Quick App now. You can
contact us with any additional questions or concerns you may have. Our
experience, knowledge and expertise are key ingredients to successful funding
and accomplishing your specific business goals.
MFI will work with you on your purchase or cash
out mortgage for re-financing your office building loans. We are here to help
you meet your financial goals. As much as we try, we know we can't
possibly answer everyone's questions on a web site. By applying now you
will have your application reviewed within 24 hours and receive a reply
immediately there after. Our underwriters are deal makers not deal breakers. We
want to close all clients quickly with no hassles. Please apply now or call for more
information.
Class
Ratings:
Class A - Those that you see in
the heart of the down town financial district with lots of brass and glass
fixtures and huge, expensive lobbies are examples of Class A property types.
Class A's are usually steel-framed and high rise. They are often occupied by
banks, high-priced law firms, investment banking companies, and other
high-profile companies with a need to provide the opulent trappings of financial
success.
Class B - properties have good while
not 'excellent' locations. Management, construction and tenant standards are on
the high end. They should have very little functional obsolescence and
deterioration. In practical terms, Class B structures are usually newer
and wood-framed. Class B's are often found in the suburbs or the less-pricey
areas of major Central Business Districts. Wood-framed Class B's are usually
three stories or less.
Class C buildings are typically 15
to 25 years old but are maintaining steady occupancy. A fair number of the Class
C spaces in the inventory are not truly traditional structures but rather
walk-up spaces above retail or service businesses.
In a normal market, Class A rents
are much higher than Class B, which are above Class C. This makes sense because
Class A's offer higher quality to the tenants and cost more to provide.
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