Commercial Loan

Starfund lends nationwide, we offer flexibility on general structure bridge financing

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

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

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