Are you struggling to keep up with the changes in the commercial mortgage market? While it seems other lenders are changing guidelines daily, CCMI is consistently funding loans. Our “One Stop” approach provides financing solutions for all your small-balance commercial needs.
Recent Closings with our lenders
14-unit multifamily in VA Cash out refinance
654 credit score
Office Building in TX
Purchase
618 credit score
No Lockout (5,4,3,2,1 Prepay)
Mixed Use in WI
Cash out refinance
8.875% rate
In addition to our complete line of SISA and Full Doc programs, CCMI offers competitive products for owner user and marginal credit borrowers. Contact your account manager today for details on how we can help you close more small-balance commercial deals!
Commercial Programs
Stated Income: Loans up to 75% LTV (80% Mixed-Use & Multifamily). Prepay Penalty as short as 3 years.
Standard Documentation: Loans up to 80% LTV
Business Owner Plus: Full & Stated options / Purchases up to 90% LTV
Special Circumstance: Stated Income / Marginal Credit / Loans from $25K
Platinum Program: Competitive rates that rival banks for income producing properties
Private Equity: Short term financing for loan amounts up to $50MM
CCMI offers commercial loans from $25K to $50MM on the following property types:
multi family (5+), mixed use, retail, office, warehouse, automotive, light industrial, bed & breakfast, self storage, day care, funeral home, mobile home park and more.
Rate Estimates
(As of 5/20/2008)
Anchored Retail
Apartment
Auto Services
Condo-conversion
Congregate Care
Convenience Store
Golf Course
Industrial
Lodging
Medical
Mini-storage
Mixed Use
Mobile Home Park
Office
Portfolio
Religious Facility
Research & Development
Restaurant
Special Purpose
Strip Retail
10 Year Fixed Rate
(Index: 10 yr treasury, 3.85%)
Loan to Value
50%
60%
70%
80%
6.0%
6.0%
6.2%
6.4%
6.4%
6.4%
6.6%
6.8%
6.6%
6.6%
6.9%
NA
6.0%
6.0%
6.2%
6.4%
6.1%
6.1%
6.3%
6.5%
6.7%
6.7%
7.0%
NA
6.7%
6.7%
6.9%
7.1%
6.0%
6.0%
6.2%
6.4%
6.8%
6.9%
7.2%
NA
6.1%
6.1%
6.3%
6.5%
6.2%
6.3%
6.5%
NA
6.2%
6.3%
6.5%
NA
6.0%
6.0%
6.2%
6.4%
6.1%
6.1%
6.3%
6.5%
6.0%
6.0%
6.2%
6.4%
7.5%
7.5%
7.8%
NA
6.0%
6.0%
6.2%
6.4%
7.0%
7.0%
7.3%
NA
7.0%
7.2%
NA
NA
6.4%
6.4%
6.6%
6.8%
5 Year Fixed Rate
(Index: 5 yr treasury, 3.12%)
Loan to Value
50%
60%
70%
80%
5.7%
5.7%
5.9%
6.1%
6.1%
6.1%
6.3%
6.5%
6.3%
6.4%
6.6%
NA
5.7%
5.7%
5.9%
6.1%
5.8%
5.8%
6.0%
6.2%
6.4%
6.5%
6.7%
NA
6.4%
6.4%
6.6%
6.8%
5.7%
5.7%
5.9%
6.1%
6.5%
6.7%
6.9%
NA
5.8%
5.8%
6.0%
6.2%
6.0%
6.0%
6.3%
NA
6.0%
6.0%
6.3%
NA
5.7%
5.7%
5.9%
6.1%
5.8%
5.8%
6.0%
6.2%
5.7%
5.7%
5.9%
6.1%
7.2%
7.3%
7.5%
NA
5.7%
5.7%
5.9%
6.1%
6.7%
6.8%
7.0%
NA
6.7%
7.0%
NA
NA
6.1%
6.1%
6.3%
6.5%
Capital City Mortgage Investments, Inc. - 5041 Dallas Hwy Suite 612 - Powder Springs, GA 30127 Office Phone: (770) 792-7979 Fax: (770) 792-9030 Cell Phone: (404)-643-4793
