Commercial Bancorp

Phone: 614-734-9400

Address: 5890 Sawmill Road Suite 130 Dublin, OH 43017

Website: http://www.commercialbancorp.com

Email: smooney@commercialbancorp.com

States They Lend In: Nationwide

 

 

Eligible Property Types

 

• Apartments
• Assisted Living/Nursing Centers
• Mobile Home Parks
• Hotels
• Parking Garages
• Mixed Use Facilities
• Marinas
• Golf Course Financing
• Resort Properties
• Industrial
• Warehouse/Office
• Office Buildings
• Strip Centers
• Shopping Malls
• Subdivision Developments
• Raw Land
• Casinos
• Theme Parks
• Self Storage Centers

 

Financing and Commercial Mortgage for Apartments

 

Commercial Bancorp is your source for apartment financing on the Internet.

We have programs that will finance up to 1000 units in any given complex. (Minimum Loan Amount $500K-No Maximum) Please send us your apartment financing or commercial mortgage requirements at the email address below. Whether you are an experienced real estate investor or this is your first property check with Commercial Bancorp who offers the lowest rates and Fannie Mae programs available. Multifamily financing available for all states including Hawaii and Alaska. Preliminary commitments normally issued with-in 72 hours of executive summary submission.

 

Hard Money Loans

 

Any asset , real estate, tangible or intangible asset that has an identifiable market in which to liquidate the asset is eligible for a hard money lenders program. Different hard money lenders like different types of assets ranging from securities, commercial real estate, accounts receivables, and many others. (Click here) for a complete list of eligible types of assets that are acceptable to hard money lenders. If there are no other credit enhancements such as good credit, high net worth, pledged real estate, letter of credit or excessive revenue streams then most assets will bring at least 60% of value, many times more, sometimes less. Rates and terms are normally higher on hard money than standard market rates but will vary depending on the quality of the asset and the degree of difficulty in underwriting the loan.

Hotel, Motel, and Resort financing requires the top notch skills of a person who can bring out the best in the property, highlighting its value added services, and pointing the property toward the future. Commercial Bancorp hotel financing specialists have the years of experience it takes to understand exactly what the proprietor expects in handling the financial well-being of his considerable investment.