Self Storage / Mini Storage Facility Financing


Loan Program Features 500K and up with no Maximum

Loan Term                   Fixed Rates for 5,7,10 years 

Ammortization              15 - 30 years

Loan-to-Value               up to 80% (90% w/ MEZZ CAP)self storage loans, mini storage loans, self storage financing, cmbs loans, conduit loans, conduit financing

Debt Service Ratio         1.25 or more

Closing Time                 30 - 60 Days

Rate Lock Period           60 Days

Reserves                       .10 psf

Vacancy                        10%

Management                 6%

Prepayment Options     several

Recourse                       NO -All loans are non-recourse with the exception of standard carve-outs

Application Fee             None

Initial 3rd Party Fees    $5,000 to $25,000

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Call 954-545-0896 Today for a list of documents required for Self Storage Loan Submission





 

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