Funding solutions
Commercial Real Estate Loans
Commercial real estate loans finance the purchase, refinance or renovation of property used for business, such as offices, warehouses, retail space or mixed-use buildings. Owner-occupied properties often qualify for longer terms, including through SBA 504 and 7(a) programs.
Check your Commercial Real Estate options
Commercial Real Estate may be a good fit if…
- You want to stop renting and own your space
- You are refinancing a balloon or higher-rate mortgage
- You are buying a mixed-use or investment property
- You can make a 10% to 25% down payment
Consider something else if…
- Owner-occupied with less down? SBA 504 or 7(a) may require as little as 10%. See SBA Loans
- Just need renovation funds? A term loan may be simpler. See Term Loans
Requirements
What lenders typically look for.
These are common guidelines across our lender network, not hard cutoffs. Your advisor will tell you where you stand.
| Time in business | Usually 2+ years for owner-occupied |
|---|---|
| Revenue | Cash flow that covers the mortgage (DSCR) |
| Credit | Typically 660+ personal credit |
| Documents | Purchase contract, tax returns, financials, appraisal |
How it works
How Commercial Real Estate work with WellRounded
Scope the deal
Share the property, price and how you will use it.
Match lenders
We match you with banks, credit unions, SBA lenders or private lenders based on the property type.
Underwriting
Appraisal, environmental review and financial underwriting.
Close
Title, closing and funding, typically within 30 to 60 days.
Costs
How Commercial Real Estate are priced.
Pricing depends on property type, loan-to-value, debt service coverage and whether the property is owner-occupied. Expect third-party costs such as appraisal and title. Your advisor will compare rate, amortization, balloon dates and prepayment terms.
‡ Ranges shown are typical and illustrative, not an offer of credit. Final amounts, rates and terms are set by the lender.
Calculator
Estimate your payment.
Estimates for illustration only, not an offer of credit. Your actual rate, term and fees are set by the lender and depend on your business.
Industries that often use Commercial Real Estate
How much down payment do I need?
Conventional commercial loans often require 20% to 25% down. SBA programs for owner-occupied property can go as low as 10%.
What is DSCR?
Debt service coverage ratio compares the property or business cash flow to the loan payments. Many lenders want 1.25 or higher.
Can I finance an investment property?
Yes, through conventional or private lenders. SBA programs require the business to occupy most of the space.
How long does closing take?
Plan for 30 to 60 days, since appraisals and title work take time.
Ready to explore Commercial Real Estate? See your options today.
- Decisions in as little as 24 hours*
- $10K–$5M+ across 10 products
- No hard credit pull to apply
- One dedicated funding advisor