Commercial Loan Products

Starfund lends nationwide. We offer flexibility on general structure bridge financing.

Commercial Multifamily Mini-Perm Bridge
Property Types Office, Retail, Industrial, Self-Storage, Single Tenant, Mixed Use 5+ Units Multifamily, Office, Retail, Industrial, Self-Storage, Single Tenant, Mixed Use Multifamily, Office, Retail, Industrial, Self-Storage, Single Tenant, Mixed Use
Rates* From 6.00% From 6.00% From 6.00% From 6.00%
Loan Size $750k to $10MM $750k to $10MM $1MM to $10MM $1MM to $10MM
Loan Purpose Purchase, Refinance, Cash Out Purchase, Refinance, Cash Out Stabilization of Near-Term Lease Expirations, Purchase, Refinance, Limited Rehab/ Renovation Purchase, Refinance, Rehab/Renovation
Terms 5 Year Fixed,
5 Year I/O Fixed,
7 Year Fixed,
10 Year Fixed,
5 Year I/O + 5 Year Fixed
5 Year Fixed,
5 Year I/O Fixed,
7 Year Fixed,
10 Year Fixed,
5 Year I/O + 5 Year Fixed
2, 3 & 4 Year Fixed,
2, 3 & 4 Year I/O Fixed
2 & 3 Year Fixed
Leverage Up to 70% of Appraised Value Up to 75% of Appraised Value Up to 70% of Appraised Value Up to 65% of Project Cost
Recourse Not Required Not Required Not Required Not Required
Prepayment Step Down Prepay, Flat Prepay, Yield Maintenance Step Down Prepay, Flat Prepay, Yield Maintenance Step Down Prepay, Yield Maintenance 12-33 Month Yield Maintenance
Debt Service Coverage Min 1.25x (DSCR) Min 1.20x (DSCR) Min 1.20x (DSCR) Varies
Amortization Interest Only 15, 20, 25 & 30 Interest Only 15, 20, 25 & 30 Interest Only 15, 20, 25 & 30 Interest Only One to Three Year Terms
Lender Fee TBD TBD TBD TBD

$2000-$7500 Processing Fee, Plus Expense Deposit to Cover 3rd Party, Legal & Out-of-Pocket Expenses