At BMI Commercial Wholesale Lending, we specialize in providing small balance Apartment and Commercial Loans. We are committed to securing the best loan for your clients with our competitive pricing and streamlined application process. We make commercial lending easy. Experience the BMI Commercial difference.

Loan Size
$500,000 to $10,000,000 - Nationwide

Eligible Properties
Multi-family properties with 5+ units, B or better property quality

Loan-To-Value
80% - Purchases
75% - Refinances

Minimum DSC
1.15

Prepayment Penalty
Lock Out Years 1-5 then 5,4,3,2,1 open thereafter

Rate Lock
Rate Lock available at application

Assumable
Yes, with 1% loan fee

Programs
Highly competitive with a wide array of rate plans including:

• 10 Year Fixed terms available
• 30 Year Amortization/Term
  NO BALLOONS

Special Features
All the advantages of conduit financing low spreads and low interest rates without the expensive conduit 3rd party costs, underwriting restrictions and constraints such as:

• No Impound Replacement Reserves
• No "FITCH" Constant Constraints
• No 10 Year Bullet or 10 Year Call
• No borrow's counsel legal opinions
• No restrictive prepayment penalties such as yield maintenance or defeasance
• Standard BMI Commercial low cost 3rd party reports