COMMERCIAL FUNDING NETWORK, INC

1-800-503-1972

1-212-658-9003 fax

PO Box 9584

Niskayuna, New York 12309

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Commercial Real Estate Mortgage Financing

Through our network of local, national and private commercial funding sources, CFN arranges commercial mortgage financing of income producing real estate.

CFN referral partners are usually business banking officers seeking a financing solution for a commercial customer and realtors assisting their buyer with purchase financing.

Owner Occupied Commercial Mortgage Funding up to 80% Loan to Value

Non-Owner Occupied (Investment) Commercial Funding up to 70% Loan to Value

Income producing investment properties such as multi-family, retail or office buildings and warehouse are typically underwritten based on the net income the property produces for its investment owner. 

Commercial Property Valuation

Your loan approval will be based, in part, on the value of the property.  That valuation is done through an appraisal of  i) comparable sales and ii) if it is investment property, the net income reported by  the owner.  We will request the property rent roll and expense schedule as it will help us verify that net income.

The amount of the loan approval will be compared to the property valuation and expressed as a percentage, the loan to value (LTV) .  Typically, LTV is limited to no more than 80% of the valuation.

While the property value can support a calculated loan amount, we also underwrite the owner's ability to pay the monthly mortgage payments.  For example: if the investment property or business is generating positive net cash to the owner but he has extraordinary outside obligations using up all of that cash flow, that will need to be reviewed.  On the other hand, if the cash flow from the property or business is small and the owner has additional outside income, that helps the credit analyst confirm there is sufficient cash, from both sources, to proceed with the approval.

Stated Income, Private Money or Full Documentation Commercial Real Estate Loans are Available

When you choose CFN, we get to work with you on a one to one basis.  Formed in 1999 and with over 30 years of commercial banking experience we can quickly spot any potential items that may get in the way and suggest action steps to fix each issue that may keep you from getting approved.  We give you straight answers with no run-around. Once your package is is ready, we introduce your request to our network of funding source lenders we believe are prepared to approve a commercial real estate mortgage for your company profile, location and situation.

Along with your pre-application information we'll ask that you complete, sign and fax us a form authorizing us to verify your credit along with exterior and interior digital pictures of the property.  The authorization form can be downloaded in Adobe Acrobat format: credit authorization form

For more information about Your Credit Score click here

Our expertise is in the complete and correct preparation of your application package so that it gets approved the first time within our network of financial institutions that are willing to finance your particular type of business.

Questions?  Please call us at 800-503-1972 or inquire via our online pre-application; a CFN consultant will be happy to assist you.