BCN offers a variety of fixed and floating rate, recourse and non-recourse, financing options for multi-family, commercial and industrial real estate transactions ranging from $200,000 to $25 million or more including:
- Permanent First Mortgage Loans
- Mezzanine Loans
- Bridge (Interim) Loans
- Private Money / Hard Money Loans
BCN Special Lending Programs include:
- 90% Loan to Cost, for the purchase of Multi-Use & Limited Use, Owner Occupied Properties. Limited Use Property Types include: Automotive Dealerships, Automotive Service and Repair, Assisted Living Facilities, Grocery Stores and Markets, Educational / Day Care, Car Wash (full service and coin operated), Funeral Homes, Restaurants, Bowling Alleys, RV Parks, and Properties with excess land. Maximum Loan Amount: $6,000,000
- Low Doc / Stated Income Financing is also available for Property Purchases with 25% or more Owner Occupancy. This program is designed for borrowers with excellent credit who have been in business for two years or more. Maximum Loan Amount: $2,000,000
- 90% to 100% Acquisition, Refinance and Construction Loans for Professionals (Doctors, Lawyers, Accountants, Dentists, etc.). Maximum Loan Amount: $5,000,000
Minimum and Maximum loan size will vary by Financing Program, Property Type and Location.
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