Lending at Balboa Thrift and Loan

Commercial Real Estate Lending

Connect - We are successful when the brokers, agents, and realtors we work with are successful.

Submit - Start with a simple phone call or email. Submit your loan request today and you could have a Pre-Approval Letter for your client within 24-48 hours.

Fund - Using a common sense approach to underwriting, a local in-house approval process, and a boutique focus on commercial real estate financing we are able to fund more deals in less time.

Financing Rates / Terms*

• Property types: office, industrial, retail, mixed-use, medical, commercial condo, multi-family
• Loan amount: $250,000 - $5,000,000+ (call for higher loan amount consideration)
• Rates: competitive portfolio pricing
• Terms: 5/10/15
• Amortized up to 30 years
• Loan-to-Value: up to 75% (80% possible on multi-family)
• Debt Service Coverage: minimum 1.20-1.25
• Lender fees: typically 1% loan amount (negotiable)
• No prepayment penalty
• Cash out available, entity ownership lending available

*varies on specific property type; all rates/terms subject to review