Commercial Real Estate Loans
Commercial Loans—Build, Expand, and Invest with Confidence
A Commercial Loan is designed for business owners and real estate investors looking to purchase, refinance, or develop income-producing properties. Whether you’re buying an office building, retail plaza, mixed-use property, or multifamily complex, a Commercial Loan provides the capital you need to grow your portfolio and expand your business in Miami’s thriving real estate market.
Basic Requirements
To qualify for a Commercial Real Estate Loan in Miami, lenders evaluate the property’s income potential, the borrower’s financial strength, and the overall business plan. These loans can be structured for both owner-occupied and investment properties, with flexible terms tailored to fit your project.
Typical requirements include:
- Credit score: generally 660 or higher (for both business and personal guarantors)
- Down payment: usually 20%–30% of the purchase price
- Loan terms: from 5 to 25 years, often with balloon or amortized structures
- Property income: must generate sufficient Debt Service Coverage Ratio (DSCR), typically 1.20 or higher
- Loan amounts: from $250,000 to $20 million+, depending on the property and lender
- Entity type: can be under LLCs, corporations, or partnerships
Documentation often includes business financials, rent rolls, leases, tax returns, and an appraisal report showing the property’s market value and income potential.
Who Can Qualify and Property Types
Commercial Loans are available to investors, developers, and business owners purchasing or refinancing properties used for business or rental income. Eligible property types include:
- Office buildings and medical suites
- Retail centers and shopping plazas
- Warehouse, industrial, and storage facilities
- Multifamily apartment buildings (5+ units)
- Mixed-use buildings
- Hotels and hospitality properties
These loans can also be used for construction, renovation, or expansion projects, allowing Miami investors to capitalize on one of the fastest-growing commercial markets in the country.
What's Not Allowed
Commercial Loans cannot be used for personal residences, speculative land purchases, or unimproved lots without a development plan. Borrowers must demonstrate repayment ability through either property income or business cash flow. Properties that are vacant, underperforming, or not compliant with zoning may require additional review or higher equity contributions.
Why Choose a Commercial Loan
A Commercial Loan in Miami opens the door to larger opportunities — helping investors and business owners acquire, refinance, or expand properties that generate long-term income and growth. These loans offer flexible terms, competitive rates, and customized structures to meet your investment goals. Whether you’re building from the ground up or growing your portfolio, commercial financing gives you the leverage you need to succeed in South Florida’s competitive market.
As your trusted Miami commercial mortgage broker, I’ll guide you through every step — from analyzing property cash flow to structuring your loan for maximum return. With access to a wide range of banks, private lenders, and institutional partners, I’ll help you secure the best financing solution for your project.
Contact me today to discuss your Commercial Loan options and take the next step toward growing your business and real estate investments.
FAQ
What types of lenders do you work with for home loans?
We work with a diverse range of lenders, including traditional banks, credit unions, and private mortgage companies to offer various loan options tailored to your needs.
How do I choose the right lender for my home loan?
Selecting the right lender involves comparing rates, loan types, fees, and customer service. We guide you through this process to ensure you make an informed choice.
What should I consider when comparing mortgage lenders?
Key factors to consider include interest rates, closing costs, loan types offered, lender reputation, and turnaround times for processing applications.
Can I switch lenders after pre-approval?
Yes, you can switch lenders even after pre-approval. However, be cautious as this could affect your financing timeline. We can help you make a smooth transition.
What factors influence my mortgage rate from lenders?
Mortgage rates are influenced by your credit score, the type of loan, the loan amount, the down payment percentage, and current market conditions.
Do lenders require mortgage insurance?
Most lenders require mortgage insurance if your down payment is less than 20%. This protects the lender in case of default. We can discuss options to potentially reduce or eliminate this cost.
How long does it take to get loan approval from lenders?
The loan approval timeline varies but typically takes a few days to a few weeks, depending on the lender, loan type, and the completeness of your documentation.
What documents do I need to provide to lenders?
Common documents include pay stubs, tax returns, bank statements, proof of assets, and identification. We’ll provide a comprehensive checklist to ensure you’re prepared.