Welcome to AGF Mortgage for your SBA and Commercial Loan Need.
SBA Loan on Owner Ocupird Properties up to 90%
Loan for owner and non-owner Occupied Buildings
Loan on Multi -Family units (Apartment Complex)
Commercial loan for Construction Buildings or for Rehab
Commercial Loan Rate
These rates are for minimum loan amount of $1,000,000 with the 75% loan to value. The lower loan amount may have higher interest rates. For lower loan amount and higher LTV call us at
AGF Mortgage Inc., founded in 1993,provides financing in Kansas, Missouri and 35 other states . We are devoted to excellence in customer services with flexible easy and efficient loan programs, low rates and low closing costs. Since we work with many investors We have more flexibility to meet our clients' needs concerning loan size and property or document type than just a particular bank or a mortgage company. We provide commercial real estate loans for small and mid-size businesses with loan amounts from $100,000 to $20 Million.
Commercial loan
Property Type
Class 1: Apartment Buildings, Multi-Family (five plus units), Mixed use
Class2: Office, retail, Warehouse, Mobi le Home park, Assisted Living Facility and Church Building.
Class3: Self Storage, Light Industrial, Automotive, Hotel, Motel and RV Park.
Loan Types
Purchase
Refinance
Cash out Refinance
Construction for new project
Construction or hard Money for rehab
Loan Amount
$100,000 to $20 Millions
Fixed Period
Varies on loan and properties types.
LTV
Varies depending on loan and property types
Terms
15, 20, 25, 30, 35 years. In construction loan Balloon 1- 3 years
Credit score
Varies on loan and properties types.
SBA Commercial Loan
Loan from $200,000 to $7,000,000 focusing borrower's financial strength.
Property Types
Properties that owners occupying at least 51% of the total area of the building. Could be Office, Retail, industrial, warehouse
Hotel. Motel, Mobile Mome ParK,
Loan Types
For Purchase refinance, Construction,
Loan Amount
From $200,000 to $5,000,000
Loan Period
Up to 25 years
LTV
SBA 504 loan up to 90%
SBA 7(a) loan up to 90%
Loan Term
15, 20, 30 years.
State where we offer our services
AL, AK, CA, CO, CT, DE, GA, ID, IN, IL, IA, KS, KY, LA, ME, MD, MA, MI, MO, MT, NH, NE, NC, NM, OH, OK, OR, PA, SC, TN, TX, UT, VT, VA, WA, WV, WY
Credit Score
Minimum 640
Credit Policy
Credit policies in all loan programs are subject to change without notice. However, we try to update our web site as frequently as possible. Rate and percentage of loan, will be based on borrower's credit scores. Credit score could be as low as 640. Rates and percentage of loan change for 640, 660, 680, 700, 720, 740, 760, and 780 credit scores. Please call for further information. Loan to value has a direct effect on commercial loan rates. Borrowers borrowing up to 50, 55, 60, 65, 70, 75% of the property value, will receive considerably lower rate than borrowing 80%
Request for Rate Quote
Property Types
Multi- Family units or Apartment Building
Multi-Family units are structures containing five or more dwelling units with common area facilities. Multi-Family must be rented to tenant on a non-transient basis. Multi family building with less than 5 units is considered residential rather than Commercial, unless it is located in a commercial zone. For your primary home or your rental property between 1 to 4 units, visit our residential site by clickihg here. The following states are the states in which 5 and more units are considered commercial: Alabama, Alaska, California, Colorado, Connecticut, Delaware, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, Montana, New Hampshire, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Tennessee, Utah, Virginia, Vermont, West Virginia, Washington, Wyoming
Mixed Used
Mixed Use Buildings are properties with at least one commercial unit ( retail, office, etc.) and one residential unit.
Office Building
Office Buildings are designed for general commercial occupancy. Office use implies a general business use that does not include retail, manufacturing, or warehouse type operations.
Retail Building
Retail Building is designed for retail sales and displays and it usually has display front.
Self Storage
Self Storage consists of mini warehouses subdivided into a mixture of cubicles of generally small size designed to be rented for small self-storage or non-commercial storage.
Light Industrial
Light Industrial is a small size facility with no heavy manufacturing. Office space within light industrial ranges from 3% to 25% of the total area.
Ware House
Warehouse is designed for storage purpose.
Mobile Home Park
Mobile Home Park is considered as long as not more than 25% of the total space is used for RV.
Hotel or Motel
Flagged Hospitalities are hotels with national franchise affiliation.
Industrial Building
Industrial is where the principal structure is designed for manufacturing processes, heavy assembly and involves the use of heavy machinery.
Day Care Building
Day Care Centers are early childhood, handicapped, adult, and senior care facilities.
Health Care
Health Care Buildings are used for hospital, assisted living, or nursing home type operations.
RV Park
RV Parks are designed for recreational vehicles.
States Where we Offer our services
Alabama, Alaska, California, Colorado, Connecticut, Delaware, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, Montana, New Hampshire, Nebraska, New Mexico, North Carolina Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Tennessee, Utah, Virginia, Vermont, West Virginia, Washington, Wyoming and a good rate in following cities: Dallas, Austin, San Antonio, Denver, Salt Lake City, Minneapolis, St. Paul and Louisville
Commercial Space for Rent or lease: Commercial Office, Retail, Warehouse and Industrial Space for Rent or Lease in Kansas City and overland park
