It is about the property’s income, not just your credit
With a home loan, lenders focus on your salary and credit score. With commercial property, they care most about whether the property itself earns enough to cover the loan. That single difference explains almost everything else about how commercial financing works.
The number that matters most: DSCR
Lenders look at the Debt Service Coverage Ratio — the property’s yearly income divided by its yearly loan payments. A ratio of 1.25 means the property earns 25% more than the payment. Most lenders want to see at least 1.20 to 1.25. If you understand this one number, you understand what a lender is really asking.
Expect a larger down payment
Commercial loans usually require 20% to 35% down — more than most home loans. Terms are often shorter, too: many commercial loans run 5 to 10 years, with payments calculated as if spread over 20 or 25, ending in a larger “balloon” payment or a refinance. Knowing this up front changes how you plan.
What lenders will ask for
Be ready with the property’s income and expense history, your business financials and tax returns, a rent roll if there are tenants, and a purchase agreement. The faster these come together, the faster you close. Organized borrowers get better treatment — and often better terms.
Why working with a network helps
A single bank offers a single set of terms. When several lenders compete for your loan, you get better rates and more flexibility. That is the core of what we do: we take your file to a network of trusted commercial lenders and let them compete, instead of you knocking on doors one at a time.
From application to keys
A typical path runs from consultation, to matching you with lenders, to a term sheet, to appraisal and underwriting, to closing. For qualified borrowers, that can happen in 30 days or less. We manage each step, so you can keep running your business while the financing comes together.