Fosters Commercial Mortgage Capital Bankers

Fosterscommercialmortgagecapitilbankers

Click here to edit subtitle

Our Services

Applying for a loan can be a daunting task. Fortunately, you can rely on Fosterscommercialmortgagecapitilbankers for assistance. Our mortgage company has been trusted for more than a century.

We offer loans from $100,000 to $50,000,000. See below for the details of our programs.

Private Money Programs

These are ideal for:

  • Individuals With Credit Challenges
  • People Who Have Limited Documentation
  • Those Dealing With Bank Turndowns
  • Foreign Nationals

Likewise, we have private money programs for:

  • Stabilizations
  • Partner Buyouts
  • Foreclosure Bailouts, BK Bailouts, and Discounted Payoffs
  • Commercial Mortgage-Backed Securities (CMBS) Workouts
  • Balloon Payments
  • Real Estate-Owned (REO) Acquisitions
  • Quick Closings

Loan Programs

These are for individuals who need any of the following:
  • Conduit Loans (Commercial)
  • CMBS Loans (Commercial)
  • Conventional Loans
  • Correspondent Loans
  • Fannie Mae Loans  (Commercial)
  • Freddie Mac Loans  (Commercial)
  • United States Department of Housing and Urban Development (HUD) Loans  (Commercial)
  • Federal Housing Administration (FHA) Loans  (Commercial)
  • Small-Business (SBA) 504 Loans
  • SBA 7a Loans
  • United States Department of Agriculture (USDA) BGI Loans  (Commercial)
  • Bridge Loans
  • Private Loans
  • Hard Money Loans
  • Hedge Funds
  • Family Trusts
  • Business-Only Loans
The following loans are for builders, for residential property and developers. For all transactions look under interest rates. 10 to 25 houses. 

Commercial Mortgages

These cover:

  • Hospitality Properties (Flagged or Non-Flagged)
  • Industrial Properties
  • Mobile Home Parks
  • Mixed-Use Properties
  • Multi-Family Projects
  • Office Buildings
  • Retail Centers (Anchored or Non-Anchored)
  • Single-Tenant and Owner-User Properties
  • Special-Purpose Properties
  • Marinas
  • Self-Storage Facilities
  • Lands
  • Churches

Our Loan Rates

Multi-Family/Mixed-Use (Commercial Interest Rate Only) 

CREDIT SCORE
LTV
50%
55%
60%
65%
70%
75%
80%
800
6.750%
6.875%
6.875%
7.000%
7.125%
7.375%
7.500%
775
6.750%
6.875%
7.000%
7.125%
7.250%
7.500%
7.625%
750
6.875%
7.125%
7.250%
7.375%
7.500%
7.750%
8.000%
725
7.125%
7.250%
7.375%
7.500%
7.625%
7.875%
8.125%
700
7.375%
7.500%
7.625%
7.750%
7.875%
8.125%
8.375%
675
7.500%
7.750%
7.875%
8.000%
8.125%
N/A
N/A
650
7.750%
7.875%
8.000%
8.250%
8.500%
N/A
N/A

*Rates are based on a 30-year amortization, 5-year hybrid, and a 5% prepayment penalty for 3 years.

Retail/Wholesale Store/Retail Center, Warehouse/Self-Storage Facility, Office,

Light Industrial, Automotive, and Mobile Home Park

CREDIT SCORE
LTV
50%
55%
60%
65%
70%
75%
80%
800
6.875%
7.000%
7.000%
7.125%
7.250%
7.500%
N/A
775
6.875%
7.000%
7.125%
7.250%
7.375%
7.625%
N/A
750
7.000%
7.250%
7.375%
7.500%
7.625%
7.875%
N/A
725
7.250%
7.375%
7.500%
7.625%
7.750%
8.000%
N/A
700
7.500%
7.625%
7.750%
7.875%
8.000%
8.250%
N/A
675
7.625%
7.875%
8.000%
8.125%
8.250%
N/A
N/A
650
7.875%
8.000%
8.125%
8.375%
8.625%
N/A
N/A
*Rates are based on a 30-year amortization, 5-year hybrid, and a 5% prepayment penalty for 3 years.

Pricing Adjustments

Feature
Adjust By
Feature
Adjust By

20-Year

Amortization
-0.25%
7-Year Hybrid
+0.125%
25-Year Amortization
-0.125%
Bank Statement Product
+0.50%
Loan Amount > 750K
+0.25%
Cash-Out Refinance
+0.25%
Tier 2 Investor
+0.125%
Prepayment Penalty
5% for 5 Years
-0.25%