CMBS Loans

PMB also provides traditional CMBS and pre-CMBS loans for commercial financing of traditional commercial real estate transactions. The minimum loan amount is $2MM, and LTV can be up to 80% on most properties. Pre-CMBS loans are designed for properties and/or situations with lower loan amounts or owner/occupied or single-tenant properties. What Is a CMBS Mortgage Commercial mortgage-backed securities (CMBS) are a type of mortgage-backed security that is secured by mortgages on commercial properties, instead of residential real estate. A CMBS can provide liquidity to real estate investors and commercial lenders. What Is Mortgage-Backed Security? A mortgage-backed security (MBS) is a type of asset-backed security that is secured by a mortgage or collection of mortgages. The mortgages are sold to a group of individuals (a government agency or investment bank) that securitizes or packages the loans together into a security that investors can buy.  Mortgage-backed securities (MBSs) are simply shares of a home loan sold to investors. They work like this: A bank lends a borrower the money to buy a house and collects monthly payments on the loan. Here are some of our CMBS loan details: CMBS Commercial Mortgage-Backed Security Loans Property Types Multifamily, Office, Retail, Industrial, Mixed Use, Self-Storage, Hotel/Motel, Mobile Home Parks, Manufacturing

  • 75% LTV (80% for multifamily)
  • Terms up to 10 years; 25–30-year amortization
  • Rates 4.75% to 6.50%
  • Non-recourse
  • Assumable
  • Newly stabilized properties are okay
  • Secondary and Tertiary markets accepted
  • Blanket loans for smaller properties accepted

These programs require a strong sponsor/borrower, reasonable liquidity or equity, and a fully stabilized asset. Contact us today for a quick quote for your CMBS or pre-CMBS commercial financing needs! CLICK HERE to quickly apply for a loan or obtain a loan quote online! CLICK HERE for a matrix of our lending programs