Commercial Real Estate Loans in San Antonio Texas

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Commercial real estate loans in San Antonio, Texas, are available from a variety of financial institutions, including local banks, credit unions, and national lenders. These loans are typically used to finance the purchase, construction, or renovation of properties such as office buildings, retail centers, multifamily apartment complexes, industrial facilities, and other commercial properties.

Here are some common types of commercial real estate loans you might find in San Antonio:

1. Traditional Commercial Mortgages

• Loan-to-Value (LTV): Typically up to 75% of the property value.

• Terms: 5, 10, or 20-year terms with amortizations up to 30 years.

• Rates: Fixed or variable interest rates, depending on the lender.

2. SBA 7(a) Loans

• Purpose: For small business owners looking to buy, build, or expand commercial real estate.

• Loan Amount: Up to $5 million.

• Terms: Up to 25 years for real estate.

• Interest Rates: Often competitive, partially guaranteed by the U.S. Small Business Administration (SBA).

3. SBA 504 Loans

• Purpose: Designed for purchasing fixed assets like real estate or equipment.

• Loan Structure: Typically involves a bank loan for 50%, SBA-backed loan for 40%, and a 10% down payment by the borrower.

• Terms: Up to 25 years with low interest rates.

4. Bridge Loans

• Purpose: Short-term financing to "bridge" the gap until long-term financing is arranged.

• Terms: Usually 6 months to 3 years.

• Rates: Typically higher than conventional loans due to the short-term nature.

5. Hard Money Loans

• Purpose: Asset-based loans secured by the commercial property, often used when traditional financing is not an option.

• Terms: Short-term, high interest rates.

• Loan-to-Value: May offer higher LTVs based on property value rather than creditworthiness.

6. Construction Loans

• Purpose: Used to finance the construction of new commercial buildings.

• Structure: Usually disbursed in stages as the construction progresses.

• Terms: Short-term financing with the intention of transitioning to permanent financing upon completion.

7. Owner-Occupied Real Estate Loans

• Purpose: For businesses looking to buy property they will occupy.

• LTV: Up to 90% for SBA loans or 75-85% for traditional loans.

• Rates: Typically lower for owner-occupied properties compared to investment real estate.

Major Lenders in San Antonio Include:

• Frost Bank: A Texas-based bank with a strong presence in San Antonio.

• Broadway Bank: Another local bank offering a variety of commercial real estate loans.

• Wells Fargo & Chase: National lenders with local branches.

• Credit Unions (e.g., Randolph-Brooks Federal Credit Union): Some credit unions offer competitive terms for small business owners.

Requirements for Commercial Real Estate Loans:

• Down Payment: Often 20-30%, but SBA loans can lower this to around 10%.

• Credit Score: Lenders generally require good credit, though alternative loans like hard money loans may focus more on property value.

• Business Financials: Tax returns, profit and loss statements, and a solid business plan are often required.

• Appraisal: Lenders require a property appraisal to determine its value before approving the loan.

Commercial real estate loans typically have higher qualification requirements and interest rates than residential loans due to the risks involved, but local expertise and relationships with San Antonio-area banks can help you secure favorable terms. Would you like details on specific lenders, or do you have a particular project in mind?

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