Florida Commercial Loans

We have been lending on commercial mortgages Goldstar Financial of Florida Commercial Loans we use a common sense approach to commercial lending which allows us to fund loans that other commercial lending institutions have said no to. Our Florida commercial Mortgage brokers are very experienced in all aspects of the commercial real estate industry from working with the right appraisers to structuring your deal with you, we are certain that you will be impressed. For more info Please call us at
1-866-938-0550.

Commercial Loan Product Highlights

• Loan Amounts from $100,000 up to $250,000,000
• LTVs up to 97%
• 15, 20, and 30 year terms available
• Full Doc or Stated
• Adjustable or Fixed Interest rates
• Credit Score from 580 and up, allowed for financing
• Flexible underwriting approach
• Owner Occupied Properties
• Self Employed Borrowers
• Property Doesn’t need to cash FlowWe offer loans on all property types including:Multifamily
  Structures containing five or more dwelling units with common area facilities such asentrances, lobby, elevators,stairs, mechanical space, walks or grounds. Units must be rented on a non-transient basis such that tenants consider their unit their permanent residence. Properties that offer weekly or monthly housing would not be considered
  multifamily properties.

  Mixed-use
  Mixed-use properties must contain at least one commercial unit (retail, office etc.) and at least one residential unit. Common types of mixed-use properties include a groundfloor retail or office unit with apartment(s) above, all within the same building. The primary use at the property must be for residential purposes in order for it to be
  considered Tier I mixed-use. The mixed-use property type can be classified in any tier depending on the percentage of the multi-family component and the type of commercial +
  use.

  Automotive
  Automotive is a somewhat broad category and encompass a variety of uses that support the automotive segment. Included within this category are auto repair shops, used car lots,quick-lube facilities, tire repair shops, etc. The type and size of building will vary with the use. Many buildings are designed specifically for the auto trade characterized
  by overhead doors, car lifts and usually a small office area

  Bed & Breakfast
  Bed and Breakfast inns are residential-type buildings designed for transient boarding and are family style in character. B & B inns are usually one structure but some mayinclude an adjacent guest cottage with similar quality amenities as the main unit. Owner operators live on-site, usually within the main building.

  Light Industrial
  Light industrial is characterized by a small size facility where no heavy manufacturing or specialized industrial process takes place. Office space within light industrial ranges from 3% to 25% of the total area. Buildings must include sufficient plumbing and lighting to accommodate personnel. Common uses found in light industrial properties may include: cabinet making, assembly processes, home service industries, etc. Absent from these properties is any type of heavy machinery, welding operations, cranes or hazardous materials.

  Mixed-use
  Mixed-use properties must contain at least one commercial unit (retail, office etc.) and at least one residential unit. If the primary use at the property is for commercial purposes, the property will fall under our mixed-use Tier II guidelines. The mixed-use property type can be classified in any tier depending on the percentage of the
  multi-family component and the type of commercial use.

  Mobile Home Park
  Mobile home parks are considered as long as not more than 25% of the total spaces are used for RV. Mobile home parks vary in quality and amenities and all will be considered unless the RV component is too high.

  Office
  Office buildings are buildings designed for general commercial occupancy and are normally subdivided into smaller units. Office use implies a general business use that does not include retail, manufacturing or warehouse type operations.

  Retail
  Retail buildings are designed for retail sales and display and usually have display or decorative fronts. This retail classification encompasses a wide variety of uses including, but not limited to: markets, convenience stores, drugstores, department stores, big box retailers, barber shops, Laundromats, etc.

  Self Storage
  Mini-warehouses are warehouses subdivided into a mixture of cubicles of generally small size, designed primarily to be rented for small self- storage or noncommercial storage and may include some office-living space.

  Warehouse
  Warehouse buildings are designed primarily for storage purposes. An amount of office space included is usually commensurate with the quality of the building but typically ranges from 3% to 12% of the total area. Plumbing and lighting are usually limited due to anticipated light personnel load. The design of the building usually includes a light frame with large open interior areas. Cold storage and transit warehouses (truck
  terminal) are included in this category.

  Flagged Hospitalit
  Hotels with national franchise affiliation are considered “flagged.” Hotels must be in good standing with their affiliated franchise to maintain this tier.

  Funeral Home
  Funeral homes include those used for viewing purposes as well as those that include embalming services.
  Industrial
  Where the principle structure is designed for manufacturing processes, heavy assembly or involves the use of heavy machinery. It contains an average amount of office space commensurate with the quality of the building and the intended use. Their heavy frames, walls and floors, specialized manufacturing processes and power or utility-service
  characterize industrial facilities.

  Rooming House
  Rooming houses are similar to that of multifamily but the nature of the occupancy is more transient. Rooms are rented on a daily, weekly or monthly basis and usually only include a bedroom. The residents share the bathroom and the kitchen. Rent paid usually includes all utilities and units may be furnished. Most rooming house properties contain
  less than 20 units

  Day Care
  Day Care Centers are early childhood, handicapped, adult, and senior care facilities; or developmental centers, such as kindergartens, nurseries or children’s preschools. They have light kitchen facilities, activity rooms and multiple restrooms, and are more residential in character than schools.

  Gas Stations
  Gas stations are automotive properties or any other property that dispenses any amount of fuel for retail sale. They may have an auto mechanic, convenience store and / or car wash component.

  Health Care
  Included in this category are all Assisted Living or Nursing Home types of operations where a license is required to operate the business. Quality and service levels vary considerably. Also included in this category are hospitals and medical treatment facilities, such as out patient care or walk-in emergency medicine.

  Restaurant
  Restaurants are constructed for the purpose of preparation and sale of food and/or beverages, which include cafeterias, bars, and taverns, where design is of restaurant type.

  RV Park
  RV parks are those that are designed for recreational vehicles. May include mobile home pad rentals but will be considered an RV park if 25% or more of Total Park is for RV.
  Transient type occupancy is common.

  Un-flagged Hospitality
  Hotels or motel properties with no national franchise affiliation are considered “un-flagged.” “Mom & Pop” style operators typically run these types of facilities and the quality and level of service varies considerably.

  Commercial title Insurance Services