Bank Rate Program
Ideal for stabilized properties, strong cash flow, creditworthy borrowers, trophy assets, 1031 exchanges
- Loan Amounts: $500,000 to $25 million
- Rates: Starting at 5.49% fixed rate
- Loan Term: Up to 10 years
- Loan to Value: Up to 75% of appraised value
- Min Credit Score: 650
- Fees: 0-2 Points
- Purpose: Business, investment, and commercial purposes only
- Property Types: Retail, office, light industrial, multifamily, mixed-use, self-storage, mobile home parks
- Location: Select areas nationwide
Subprime Commercial Program
Property &/or borrower seasoning before conventional take out, limited renovations, min. DCR, some credit issues
- Loan Amounts: $250,000 to $25 million
- Rates: Starting at 6.50% fixed rate
- Loan Term: Up to 10 years
- Loan to Value: Up to 75% of appraised value
- Min Credit Score: 600
- Fees: 1-3 Points
- Purpose: Business, investment, and commercial purposes only
- Property Types: Retail, office, light industrial, multifamily, mixed-use, self-storage, mobile home parks
- Location: Select areas nationwide
Bridge Program
An alternative loan product for credit challenges, limited documentation, stabilizations, foreign nationals, partner buyouts, foreclosure bailouts, BK workouts, discounted payoffs, CMBS workouts, balloon payments, bank turndowns, REO acquisitions, quick closings , 1031 exchanges
- Loan Amounts: $400,000 to $25 million
- Rates: Starting at 7.98%
- Loan Term: 6 months to 3 years
- Loan to Value: 55%, and up to 65% with exceptions
- Loan to Cost: Up to 80% with holdback for improvements
- Min Credit Score: No minimum credit score
- Fees: 2-4 Points
- Purpose: Business, investment, and commercial purposes only
- Property Types: Retail, office, light industrial, multifamily, mixed-use, self-storage, mobile home parks, residential portfolios, non-owner occupied residential
- Location: Select metro areas nationwide (CA, AZ, TX, FL preferred)
Disclosures: Helvetica broker approval is required prior to loan funding. Information is intended for Mortgage Professionals and investors only and not intended for consumer use as defined by Section 226.2 of Regulation Z, which implements the Truth-In-Lending Act. The guidelines are subject to change without notice and are subject to The Helvetica Group’s underwriting guidelines and all applicable federal and state rules and regulations. Helvetica only offers business loans and does not offer loans where the proceeds are primarily used for consumer or household purposes. Helvetica is a registered trademark used by the Helvetica family of companies. Helvetica and its affiliates offer loans in California as a finance lender under California Finance Lender Law License 603E072, California BRE License 01366104, NMLS No. 307947 or pursuant wholesale exemptions in other states where they exist.
