Lexxel
commercial lending provides mortgages for commercial
real estate properties which include office buildings,
apartment buildings, industrial and retail properties.
Lexxel offers a wide array
of loan programs that include over 500 investment loan programs.
Lexxel represents over 200 investment companies which include
Wall Street firms, major Banks and investment REITS. Because
of this Lexxel is able to provide a wide array of loan programs
that consist of short term and long term fixed rate products
and low adjustable rate products.
Our minimum loan amount is $75,000 and maximum
loan is $75,000,000 and offers the most competitive rates
in the marketplace.
Lexxel offers property owners
a QUICK APP
to provide a quick quote for new financing fro their commercial
project. Within 30 minutes of your application, our agents
will call back with a rate quote. Please feel free to complete
the application and to discuss your loan in detail. Or call
our office at 800-451-8330 and ask for Robert Davenport, Senior
Loan Analyst.
Apartments
Only
80% LTV |
Loan
Sizes
$400K to $2 MM
$2,000,000+ |
1
Yrs
4.875%
5.09% |
5
Yrs
6.50%
5.48% |
7
Yrs
6.60%
5.88% |
10-15
Yrs
7.05%
6.23% |
Term
25 Yrs
5-30 |
Amort.
30 Yrs
30Yrs |
Updated
1/15/02 |
|
Loan
Size |
|
|
|
|
|
|
Property
Type |
$1
MM |
$500K
to |
Max |
Fixed
Rates |
Loan
Term |
Amort. |
|
|
And
Up |
$1
MM |
LTV's |
Years |
Years |
Years |
|
|
|
|
|
|
|
|
Multi-Housing
: |
Student Housing
|
5.50% |
5.65% |
80% |
3-10
|
10-30 |
30 |
|
Mobile Home Pk |
6.85% |
7.00% |
80% |
5-10 |
5-10 |
30 |
|
|
|
|
|
|
|
|
Retail
: |
Free Standing |
6.84% |
--- |
80% |
5-10 |
5-10 |
30 |
|
Anchored Retail
|
6.84% |
--- |
80% |
5-10 |
5-10 |
30 |
|
Shadow Anchor |
6.95% |
--- |
75% |
7-10 |
7-10 |
30 |
|
Unanchored Retail
|
7.15% |
--- |
75% |
7-10 |
7-10 |
30 |
|
|
|
|
|
|
|
|
Industrial
: |
Single-Tenant |
6.38% |
--- |
75% |
5-10 |
5-10 |
25 |
|
Multi-Tenant |
6.92% |
--- |
80% |
5-10 |
5-10 |
25 |
|
Office/Warehouse |
6.92% |
--- |
80% |
5-10 |
5-10 |
25 |
|
|
|
|
|
|
|
|
Office
: |
Single-Tenant |
7.10% |
--- |
75% |
5-10 |
5-10 |
25 |
|
Multi-Tenant |
7.10% |
--- |
80% |
5-10 |
5-10 |
30 |
|
|
|
|
|
|
|
|
Other
: |
Self-Storage |
6.93% |
--- |
75% |
7-10 |
10 |
25 |
|
Farm / Ranch |
4.00% |
4.00% |
70% |
1-10 |
10-15 |
30 |
|
Flagged Hotel/Motel
|
8.00% |
--- |
70% |
10 |
10 |
25 |
|
