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Commercial Loan Direct (CLD Capital) Reports a 35% Increase in its Small Commercial Loan Origination Platform.

  (June 27, 2012)

Atlanta, Georgia (PRWEB) June 27, 2012

Commercial Loan Direct, a business division of CLD Capital and one of the top five online originators of commercial and apartment loans in the country, has increased its overall loan production by widening its small balance product base.

CLD is now offering the following small balance loan products:

Small Multifamily Mortgage Fannie Mae Loan Program

  • Loan Amount: $1Million to $3 Million (up to $5 Million in selected markets)
  • Terms: 5, 7, and 10 years
  • Amortization: 25 and 30 years.
  • Prepayment: Multiple options
  • Loan to Value Ratios: 75% for most loans
  • Debt Coverage Ratios: Minimum 1.25:1
Multifamily Small Mortgage Wholesale Loans.
  • Loan Amount: $1 Million to $5 Million Loan
  • Terms - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Year Loan Terms Available for Fixed Rate Products.
  • Terms - adjustable rate: Maximum 5 Years
  • Amortization: 20, 25, and 30 years
  • Prepayment: Multiple options
  • Loan to Value Ratios: 75%
  • Debt Coverage Ratio: 1.25:1
Multifamily Small Mortgage Conduit
  • Description: Fixed-rate, non-recourse financing. Commercial mortgages are secured by income property.
  • Loan Size: $1 Million - (prefer $2 Million plus.) No maximum.
  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Recourse: Non-recourse with standard carve-outs
  • Interest Rate: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
Small Commercial Loans
Small Wholesale Loan
Commercial Loan Direct offers a very competitive and flexible commercial wholesale loan program.
  • Loan Amount: $1 Million to $5 Million Loan
  • Terms - fixed rate: 2, 3, 4, 5, 6, 7 and 8 Year Loan Terms Available for Fixed Rate Products.
  • Terms - adjustable rate: Maximum 5 Years
  • Amortization: 20, 25, and 30 years
  • Prepayment: Multiple options
  • Assumable
  • Recourse: Yes
  • Multi-use up to 75% LTV (warehouse, manufacturing, office, retail, medical office.) 90% LTV with companion SBA-504 loan
(*) LTVs could be higher if loan qualifies for SBA 504 program.
Conduit Small Commercial Loans - CMBS (non-recourse)
The Commercial Mortgage Backed Securities market is one of the fastest growing segments of the commercial mortgage industry.
  • Loan Amount: $1 Million - $5Million
  • Pricing: Fixed interest rates priced at competitive spreads over comparable maturity U.S. Treasury
  • Term: 5 - 20 years
  • Amortization: 30 Years Maximum
  • Prepayment: Multiple options
  • Loan to Value Ratios: 80%
  • Assumable
  • Recourse: Non-recourse
  • Property Types: office, retail, industrial, multifamily, manufactured housing and hotel
  • Availability: Nationwide


CLD also offers Small Business Administration (SBA Loans) and USDA B&I Loans

Commercial Loan Direct ('CLD') a division of CLD Capital is a wholesale commercial mortgage lender and apartment mortgage banker originating for its own portfolio. In addition to offering its own financial programs, CLD has partnered with institutional investors, Fannie Mae, Freddie Mac, FHA, SBA, USDA, life insurance companies, banks and real estate investment trusts to bring you a wider selection of additional lending vehicles. With a focus on commercial loans over $1 million, a diversified mix of financing products, a state of the art online commercial lending platform, and a staff of experienced professionals, CLD provides a cost-efficient solution for apartment lending and commercial property financing.
View CLD's Commercial Loan Rates as of today

Read the full story at http://www.prweb.com/releases/Commercial-Loans/Small-Balance/prweb9646148.htm.


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