Owner Occupied Conventional Loan Program

Avid Commercial provides clients with a diverse mix of products and services including: SBA, Conventional, Investor, multi-family, and bridge loans.

Owner Occupied Conventional Loan Program

Avid Commercial provides clients with a diverse mix of products and services including: SBA, Conventional, Investor, multi-family, and bridge loans.

Owner Occupied Conventional Loan Program

Avid Commercial specializes in commercial mortgage loans for owner occupied properties. We provide long term, below market, fixed rate financing to small businesses for purchase and rate/term refinance transactions. In select areas we will also fund construction and renovation projects that qualify for our term financing.
Avid Commercial specializes in commercial mortgage loans for owner occupied properties. We provide long term, below market, fixed rate financing to small businesses for purchase and rate/term refinance transactions. In select areas we will also fund construction and renovation projects that qualify for our term financing.

Med West

Brian and Avid Commercial just wouldn’t give up on us. Brian called us out of the blue to introduce himself and Avid at the perfect time. Our 90,000 sf medical plaza was under construction, but the lender was struggling with their term financing. Brian coordinated our payoffs and worked closely with title and the SBA to approve a loan we’ll never have to worry about again. Brian and Avid worked through a mountain of paperwork and had some “out of the box” ideas to make our loan work for us. The 25 year fixed rate option was perfect for our group, and the rates/terms were extremely competitive. We’d most definitely work with Avid again should the need arise.

Med West

“Brian and Avid Commercial just wouldn’t give up on us. Brian called us out of the blue to introduce himself and Avid at the perfect time. Our 90,000 sf medical plaza was under construction, but the lender was struggling with their term financing. Brian coordinated our payoffs and worked closely with title and the SBA to approve a loan we’ll never have to worry about again. Brian and Avid worked through a mountain of paperwork and had some “out of the box” ideas to make our loan work for us. The 25 year fixed rate option was perfect for our group, and the rates/terms were extremely competitive. We’d most definitely work with Avid again should the need arise.”

Avid Commercial Advantages

  • Conventional Financing
  • Historically Low Fixed Rates
  • Fast and Easy Processing
  • Avid Commercial Will Work with Brokers
  • Get Paid at Closing

Property Types

  • Office
  • Warehouse
  • Retail
  • Mixed Use Properties
  • Medical/Dental

Eligible Project Costs

  • Purchase (Building and Land)
  • Refinance
  • Soft / Closing Costs
  • Tennant Improvements
  • FF&E

General Terms/Guides

  • LTV’s up to 65%
  • Loan Amounts Between $500M and $10MM
  • Fixed Rates
  • FICO Above 675
  • Debt Service Ratio Above 1.20 Times
  • Up to 25 Year Amortization

What we won't do

  • Cars, Trucks, Airplanes
  • Inventory Purchases
  • Taxes
  • Franchise Fees
  • A/R Financing
  • Bankruptcies within 7 years

What we won't do

  • Cars, Trucks, Airplanes
  • Inventory Purchases
  • Taxes
  • Franchise Fees
  • A/R Financing
  • Bankruptcies within 7 years

Subscribe 

Stay up to date with market news and Avid Commercial's transactions

Subscribe to Our Newsletter

Stay up to date with market news and Avid Commercial's transactions

Get In Touch

6995 Union Park center,
Suite 350
Cottonwood Heights, Ut 84047

telephone: 801-365-1740

info@avidcommercial.com

Schedule a Call With Us