First Resource Capital offers commercial mortgage-based securities (CMBS) non-recourse financing for commercial real estate transactions. CMBS loans can be used for purchasing, refinancing, or renovating revenue-generating investment properties.
The Benefits of CMBS Loans
At First Resource Capital, we go beyond traditional lending channels with our CMBS non-recourse financing solutions. Our CMBS loans also feature:
- Up to 75% LTV
- 5, 7, and 10-year terms
- 25 and 30-year amortizations
- Non-recourse financing
- Interest-only payments
- Fully-assumable
- Less-than-perfect credit welcome
- Fast closings in as little as 30 days
Our CMBS loans can be used for revenue-generating investment properties, such as:
- Hotels
- Industrial space
- Multifamily
- Office space
- Retail properties including shopping centers
- Self-storage
- Manufactured housing communities
CMBS Loan Requirements
To qualify for a CMBS loan from First Resource Capital, the property involved in the transaction must be of B-quality or higher. Properties and their tenants must be stabilized and solid.