Fosters Commercial Mortgage Capital Bankers

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%

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