
Capital from CMBS
Get Capital from CMBS for Your Loan
CMBS loan is also known as a conduit loan. This type of loan is primarily used for purchasing commercial real estate building just like buying multifamily living communities, warehouses or office buildings. This loan also offers flexible underwriting process. Plus it uses your property as collateral.
Pros and Cons of Capital from CMBS
There are pros and cons related to securing capital from CMBS. Be sure to consider the source of capital carefully.
Pros
These loans are lucrative because you will get competitive as well as lower interest rates in comparison with loans offered by traditional banks.
You will be able to leverage higher-value of your collateral (Higher LTR value)
Typically charges a lower origination fee compared to traditional loans
Cons
More complex terms and conditions
It offers less flexibility for a borrower when it comes to negotiating the loan term duration and comes with many restrictions.
Complicated prepayments