Commercial Properties
A successful company operates on core beliefs. At our core, Marques Commercial Capital believes that property owners and investors are underserved by narrow and inflexible banking guidelines and we’re here to change that. We see loans in full color. We understand that every loan has a unique story and we’re ready to listen to the needs and issues of every borrower.
PROGRAM GUIDELINES
| Property Types | Multifamily, Mixed Use, Office, Retail, Light Industrial, Mobile Home Parks, Self Storage, SFR Pools |
| Lending Area | Nationwide (except Alaska, North Dakota and South Dakota) |
| Loan Amounts | $75,000 – $5,000,000 |
| Loan Term | 3, 5, 7, 8, 10 years fixed |
| Amortization | 30 Years |
| Minimum DSCR | 1.20 |
| Maximum LTV | Up to 75% / CLTV up to 80% |
| Fixed Rates | 6.00% – 9.90%, then float |
| Better Credit Score | Rate Discount Available |
| Better Market Area | Rate Discount Available |
| Index | 6 month LIBOR/ WSJ PRIME (after fixed period) |
| Margin | 4.00% (after fixed period) |
| Rate Caps | 1.00% initial, 1.00% per 6 months, 6.00% lifetime |
| Floor | Initial Rate |
| Occupancy | Investor and Owner-Occupied (O/O not for 1-4 SFR Pools) |
| Minimum Credit Score | Generally 620 |
| Personal Recourse | Required for 25% or greater ownership |
| Loan Cost | 4-5% of loan amount (total closing costs) |
| Rate Buydown | Available |