Metropolitan Commercial Capital Group (Metro CCG) offers financing for real estate entrepreneurs who wish to purchase or acquire commercial or income-producing properties.
Our private investor-funded loan program is non-recourse and offers flexible, more favorable guidelines concerning credit, collateral, and personal guarantee conditions. Metro CCG offers interest-only repayment schedules of up to 10 years and fully amortized loan repayment schedules of up to 35 years max.
Let Metro CCG refinance your next purchase deal. Subject to underwriting approval, our flexible, private investor-funded criteria may be able to accommodate the following:
- Purchase Costs
- Closing Costs (Partial Coverage)
- Improvements
- Seller-Held Note Payoff
Private investors fund our loans instead of banks. Therefore, our rates do not compare to those offered by commercial banks. However, because private investors fund our loans, we can be more flexible regarding credit, down payment, time and business operation, loan-to-cost ratio (LTC), loan-to-value ratio (LTV), and personal guarantee requirements.
Metro CCG’s underwriting structure is designed to provide you the best of both worlds. It seamlessly combines the stability and reliability of conventional commercial mortgage lending with the flexibility and support of a “joint venture/silent partner,” ensuring the capital requirements are met with diligent consideration.
All property types considered:
- SFH Residential Investment Properties
- Duplexes
- Triplexes
- Fourplexes
- Multifamily (5+ Units)
- Mixed-Use (Apartments-Over-Retail)
- Mixed-Use (Office-Over-Retail)
- Anchored/Unanchored Retail
- Office
- Industrial
- Warehouses
- Self-Storage
- Churches
- Private Schools
- Healthcare/Medical
- Hotel/Motel/Lodging/Resorts
- Business Owner-Occupied (Auto Repair, Restaurants, etc.)
To assist in any project or transaction, we have referral partnerships with project management appraisal, title, insurance, marketing, closing, servicing, insurance, and inspection relationships/resources to complete any remaining due diligence and finalize the deal’s due diligence for closing and funding.
PROGRAM HIGHLIGHTS
- Private Investor-Funded
- Fixed Rates starting at WSJ Prime Rate+1
- Non-Recourse
- Up to 90% LTV
- *85% LTC 1st + 15% LTC 2nd = 100% Wraparound Financing for “Qualified” Borrowers AND Properties
- 1-10 Year Loan Terms Interest-Only
- 15 to 35 Years Fully Amortized
- Simple Application Paperwork
- All Credit Grades Considered
- 2-Day Loan Pre-Approvals
- Closing dates are quoted after ALL third-party reports (market analysis, appraisals, estimates, inspections, surveys) are completed.
- Property Valuations Used: Income Approach, Market Approach
- Short-Term Bridge Loan (“Interest-Only”) Repayment Schedule: Up to 10 years.
- Long-Term (“Fully Amortized”) Amortization Schedule/Loan Term: 10/10, 15/15, 20/20, 25/25, 30/30
- Closing Time Frame: Usually 10-14 business days after an acceptable appraisal has been obtained.
- Interest Rates: Currently starting at WSJ Prime (8.5% as of today)
- NOTE: Specific Rates and terms are quoted on a case-by-case basis during a formal loan underwriting engagement.
- Preliminary Loan Terms: Issued upon submission of a completed loan application.
- Processing Fee: $495 (Non-Refundable)
Please complete our application (available upon request here) to receive a financing proposal or preapproval letter. Upon completion and return to Metro CCG. We will provide a term sheet for your review as an example of how we would finance your project.