Commercial mortgage loans differ from residential mortgages primarily because they're used to finance commercial property. The property may technically be a residence, but if it's used as a commercial venture - for example, a large apartment building rented out for its income potential - a commercial real estate loan is generally required. There are two types of Commercial Loans: Owner Occupied and Investment (Non-Ownwer Occupied).
National Commercial Property Loans provides financing for a variety of Commercial Properties:
1.Recourse or Non-Recourse loans available
2. Purchase A. $500,000 to $25,000,000 B. CLTV's up to 90%
3. Refinance C. Rate and Term i. LTV up to 80% D. Cashout i. LTV up to 75% ii. $500,000 to $25,000,000
4. Construction E. $1,000,000 to $25,000,000 F. Conventional LTV up to 80% G. One time close loans available H. SBA loans up to 90% CLTV
5. Types of properties . oMultifamily / Apartments oSenior Living and Assisted Living oGas Stations/ C Stores / Car Washes oSelf-Storage . Hotel / Motel . Light Industrial . Mixed use . Mobile Home Parks . Office . Retail . Self Storage . Warehouse . Industrial . Day Care . Restaurants . Many others also available