common sense. lending.




Our Features

Property Types: Multi-tenant office, Industrial, Retail, Mixed-use commercial, Medical, Commercial condo, Hotel/Motel, & Apartment

Loan Size: From $250,000 to over $2.5 million (call for higher loan amount consideration)

Program Types: 5 year fixed rate / Adjusting to Wall Street Prime Rate+

Amortization: 25 years (30 years on Multi-family)

Terms: 3 to 5 year fixed

Loan-to-Value (LTV): Up to 75% (80% on Multi-family)

Balboa Thrift and Loan Fees: 50-100 bps lender fee

Other Costs: 3rd party title, escrow, appraisal and environmental reports

Impounds: No impounds for taxes and insurance (borrower maintains)

Prepayment: No prepayment penalty

Broker Submissions: Accepted with appropriate licenses

Your Benefits!

  • Common sense underwriting
  • Local approval process – loan approval subject to title, appraisal, and environment
  • Competitive pricing & terms
  • Portfolio loans - Balboa Thrift & Loan services all commercial real estate loans
  • Available cash out option
  • Entity ownership lending available
  • A better option before you send good deals to hard money lenders

To learn more about BALBOA Commercial Real Estate services, click here.