Loan Programs
LCM (Lighthouse Commercial Mortgage) offers a wide variety of loan programs beginning at $250,000.00 to meet your needs, including:
- Multi-Family/Apartment Loans
- Commercial Real Estate Loans
- NNN (Triple Net) Loans
These programs allow LCM to close transactions at more competitive rates and terms than banks or other financial institutions. We also offer programs other bank lenders often decline (Stated Income, No Doc, Interest Only, etc.).
Loans for Multi-Family/Apartment Buildings
LCM provides recourse and non-recourse multi-family/apartment building loans. Our multi-family and apartment loan programs are targeted to the $250,000+ market segment and can handle either purchase or refinance requests.
Multi-family loan finance programs include:
- Low pre-payment penalties
- Loan LTVs up to 85% (80/5 program) and CLTVs to 90% (with seller financing participation)
- Flexible loan amortization rates (up to 30 years)
- Potential for non-recourse loans
- Loan terms up to 30 years
- Assumable financing programs
Loans for Commercial Real Estate
LCM provides mortgage financing for projects, including:
- Office buildings
- Retail centers (strip retail, retail, big box, and single tenant/owner/occupant)
- Warehouses
- Self storage
- Mobile home parks
- Mixed use
Commercial property mortgage finance programs include:
- LTV's up to 90% (80/5/5 program)
- Flexible amortization terms (up to 30 years)
- Potential for non-recourse loans
- Fixed rates up to 15 years
- Low pre-payment penalties (also defeasance pre-payment penalties)
NNN Retail
LCM can assist you with NNN (Triple Net), single tenant, and loan mortgages for retail. We also have the ability to expedite commitments for your 1031 exchange and NNN needs.
NNN loan finance programs include:
- LTV's up to 90% (80/5/5)
- Flexible loan amortization terms (up to 30 years)
- Non-recourse loans
- Loan terms up to 30 years
- Assumable financing programs