Commercial Real Estate Loans
Retail • Office • Light Industrial • Self Storage • Multifamily
Kinecta Federal Credit Union knows all about solid growth.
Kinecta Federal Credit Union knows all about solid growth. With a 75-year history in financial services, we have become one
of the nation’s leading credit unions. We offer common sense commercial real estate lending with a commitment to service.
- No prepayment penalty provides flexible exit
- Ability to tailor loan structure for unique deal points
- Loan amounts from $1,000,000 to $10,000,000
- Lending in California
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Loan Program
- Our CRE Loan Program includes financing for Multifamily, Manufactured Housing Communities (MHC), office, retail, light industrial and self-storage.
- Loan amounts: $1 million to $10 million
- Loan term: Up to 15 years (3-year minimum)
- Amortization: Up to 30 years
- Interest Rate: Fixed Rates; 3, 5, and 7 year with reset available
- DSCR: 1.15x (Multifamily); 1.20x (MHC); 1.25x (All others)
- LTV: Up to 75%
- Prepayment: No prepayment penalties
- Recourse: Full
- Security Interest: First Deed of Trust
- Escrows & Reserves: Tax and insurance impounds and/or TI/LC may be required
- Transaction Costs: Underwriting fee, third party reports and legal
Submit a Loan
To receive a letter of interest, please submit the following:
- Photos of property (front, rear, sides, street views)
- Current Rent Roll
- Last 2 years and YTD Operating Statements
- Schedule of Real Estate (if available)
- Borrower Resume, Net Worth, Liquidity
- Current Debt
Please remit to creloans@kinecta.org
or call (888) 371-7501.
Loan Forms:
Borrower:
Commercial Real Estate Application
