Commercial Lending

Weststar provides small commercial real estate loans for most income producing properties in amounts from $50,000 to $2,000,000.

Whether you need a short-term bridge loan for an immediate purchase or you need longer term financing, Weststar can tailor a solution that meets your needs and timing parameters. What you want to know about Weststar's commercial loan program:

Property Types

• Loans up to 75% of value
• Amortizations up to 30 years with a 5 year balloon
• 620 middle credit score or higher
• Completed 1003 or Detailed Loan Request
• Acceptable Appraisal
• 2 years of tax returns and current operating statements
• Rent roll and copies of leases
• Title commitment and Alta survey
• Corporations, Partnerships and LLC’s okay with personal guarantees
• Proof of insurance
• Rates from prime + 5%
• 2 to 3 points on most transactions