Mercantile Commercial Capital Conventional Loan Program
The Loan-to-Value (LTV) Range on Various Property Types for Conventional Loans we offer are as follows:
- Hotels/Motels: 50-70%
- Industrial: 60-85%
- Office: 60-85%
- Restaurants: 50-55%
- Special Use Properties: 50-55%
- Retail: 60-80%
- Self Storage: 60-80%
Terms:
- Typically 15-25 year amortizations, but up to 30 year amortizations are available for stronger credits.
- Fixed and/or variable interest rates.
- Non-recourse available for stronger credits.
- Fully amortizing with no calls or balloons available for stronger credits.
We sincerely look forward to helping you and your business. Please contact us with any questions or concerns you may have.
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