Loan Programs
Fixed
Rate Loans
Although Fixed Rate loans are a common option of the mortgage industry,
many opportunities exist for negotiation on mortgage lending terms, especially
interest rates, loan-maturity and prepayment penalties. Because of our
deep relationships with lenders, Southwest Commercial Capital can provide
the best fixed interest rates and additional terms in the industry. Borrowers
can feel secure knowing that the rate will not change throughout the entire
term of the loan. Southwest Commercial Capital's experienced professionals
know when to recommend fixed rate loans through proprietary loan evaluation
models.
Floating Rate Loans
A floating rate loan is typically indexed to the London Interbank Offered
Rate (LIBOR), which tracks and approximates the Federal Funds rate. Many
recent borrowers have chosen floating rate loans to take advantage of
the historically low interest rates of the past few years. Floating rate
loans often feature minimal or no prepayment penalties. They are particularly
attractive to buyers with a two to four year financing horizon, such as
acquisition of a property going though a reposition or a turnaround. Southwest
Commercial Capital can help borrowers exploit these flexible structures
for their immediate short-term utility or as an astute means of strengthening
their long-term strategy.
Mezzanine Loans
Whether it be structured as partnership debt, or preferred equity, a mezzanine
loan can be an integral component for a real estate owner or developer
in many diverse circumstances. The mezzanine typically equals the difference
between the first mortgage lending amount and 85-90% of the purchase price.
Southwest Commercial Capital has vast experience in evaluating options
for our borrowers in this increasingly utilized loan product for a variety
of real estate transactions.
Bridge Loans
All types of short-term financing can be accessed for complex or challenging
situations in terms of both timing and product. Designed to be paid back
relatively quickly, such as by a subsequent longer-term loan, bridge loans
can be a key component in a long-term strategy for real estate borrowers.
Southwest Commercial Capital has a wide range of sources for Bridge Loans
and can help borrowers understand all the nuances and conditions as well
as plan for the future.
Renovation/Repositioning
Similar to a construction loan, a renovation loan may involve financing
for the specific purpose of upgrading an existing property in order to
project the desired image of a product or service to the market. Southwest
Commercial Capital lending professionals are able to help borrowers present
their renovation program to the right lending source and to plan and consummate
transactions in a timely fashion, with the best rates and terms available.
