Visit the Network


We offer financing on a wide range of property types. Our primary guidelines are shown below followed by our lending preferences.

If you have any questions or would like to request a loan quote, please contact our regional office in the state in which the property is located. We will respond with an initial size and spread estimate.


Real Estate Lending Guidelines
Loan Types: Commercial and Multi-Family Mortgage

Rate Types: Fixed and Floating Rate Programs

Loan Size: $5 to $100 million Higher amounts available on a selective basis

Loan Terms: 3 - 20 years Amortization schedule 15 - 30 years

Typical Closing: 60 days from Rate Lock



 

Property Type Loan Appetite

Office Strong

Industrial
  • Warehouse / Distribution Very Strong
  • Flex / Showroom Strong

Retail (looking for strong sales per s.f.)
  • Grocery Anchored Very Strong
  • Unanchored Selective
  • Outlet Very Selective
  • Big Box / Power Center Very Selective
  • Mall Very Selective - Class A, Dominant Malls Only
  • Free Standing Credit Very Strong

Apartments Very Strong

Hotel No Appetite

Mobile Home Parks Very Strong

Senior Housing
  • Congregate/Independent   Selective
  • Assisted Living No Appetite
  • Nursing Home No Appetite

Parking Garages Selective

Self Storage Strong (prefer operating history)
   
 

Geographic Location:    Continental U.S.  

Loan-to-Value:    75% Maximum  

Debt Service Coverage:    1.25x-1.40x, dependent on property type  

Prepayment Terms:    Yield Maintenance,
Declining Percentage
Premium or Defeasance		  

Required Reports:    Appraisal
Phase I Environmental
Property Condition Report
Seismic, Zones 3 & 4		  


 
By accessing and using our website you are agreeing to be legally bound by our TERMS OF USE

http://www.jhancockrealestate.com/reig/jhref/lending.html