Commercial Term

Apply Now For Commercial Term Lending

Investors with the goal to purchase, refinance, or cash-out of commercial multifamily or commercial mixed-use properties can depend on Alpha Funding to fund their investment needs. Typically, on the grander scale of investments, these properties offer a unique opportunity to generate a large return on investment. Our streamlined, in-house process will ensure the best investor experience while moving towards a quick close.

Commercial Term Term

Commercial Term Program Details

Interest Rate:

Rates Starting at 8.49%

Loan Size:

Minimum Loan Amount $500,000

Max Loan to Value:

Up to 75% LTV

Credit Score (FICO):

Minimum Credit Score of 680

Loan Term:

30 Year Term Available

Property Type:

Eligible Mixed-Use and 5+ Unit Multifamily Properties

DSCR (Debt Service Coverage Ratio):

Minimum DSCR of 1.25

Limitation:

No Special Use or Commercial Units Only

Commercial Term FAQ'S

1. What is a commercial long term loan?

These loans fund the acquisition and refinance of commercial multifamily and mixed-use properties, with the goal of achieving a net positive cash flow.

2. What type of investment strategy can be utilized?

Investors frequently purchase these properties with the goal of generating positive monthly cash flow and ultimately selling them for profit. In many cases, investors will acquire a commercial multifamily or mixed-use property and rehab the property with the goal of raising rents for the life of the property. Using this approach, the investors can appreciate the value of the building and sell when either the value of the property reaches its maximum or when maintenance costs become too high.

3. How long is the term on these loans?

Commercial term loans operate the same as our residential single to multifamily home loans. These range from 5/1, 7/1, and 10/1 ARM’s to a 30 Year Fixed Rate loan. In this program specifically, we can adjust the amortization schedule to best fit any investors needs.

4. Is there a minimum loan amount?

For these properties and loan types in particular, there is a $500,000 minimum loan amount. If you are unsure if your property will qualify, we recommend to reach out to our team directly and speak with one of our expert associates.