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Long-Term Conventional Loans

No Application Fee | Quick Approvals | Fast Closings | Nationwide

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Our Conventional Lending Program is a long-term permanent financing solution for investment or business owner occupied commercial properties. Our conventional loans are from $1,000,000 to $20,000,000 with rates as low as 8.99% and an amortization of up to 25 years with a term of 5, 7 or 10 years. Our conventional program is a great solution for borrowers who fall short of qualifying for a traditional bank or SBA loan as a result of a sub 680 FICO score or a sub 1.25 debt service coverage ratio (DSCR), or other underwriting factors often found with traditional conventional loans.

Maximum Loan Amount
  • - 1st TD up to $5,000,000
Maturity and Amortization
  • - 5, 7, 10 Years / Up to 25 Years Amortization
Maximum LTV
  • - Up to 70%
Eligible Use of Proceeds
  • - Purchase, Refinance, Cash-Out Refinance of Commercial Real Estate
Eligible Use of Property
  • - Owner Occupied, Investor, and Multi-Family (5 units and above)
Eligible Property Types
  • - Multi-Use: Warehouse, Office, Industrial, Medical Office, Flex, Auto Body, Office Condo, Retail, Restaurant, Urgent Care, Surgery Center
  • - Multi-Family: Apartment Buildings, Garden Apartment Complexes, Multi-unit Buildings of 5 Units or More
  • - Special Use: Mini Storage, Cold Storage, Auto Repair, Car Dealership, Assisted Living Facility, and Hospitality (on a case by case basis)
Rate Option / Fees
  • - 1st Deed of Trust/Mortgage at Rates as Low as 5.5%
  • - Loan Fees as Low as 1%
Guarantees
  • - Full Recourse
Underwriting Requirements
  • - Minimum 625 FICO
  • - Minimum 1.00:1 Debt Service Coverage Ratio(DSCR)

At BLC, our philosophy is that borrower satisfaction has to be a top priority, and we put our money where our mouth is with no application fees and no crazy due diligence fees.

At BLC, our philosophy is that borrower satisfaction has to be a top priority, and we put our money where our mouth is with no application fees and no crazy due diligence fees.

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