Nationwide Mortgage - Commercial Real Estate Division
San Jose, California
NMLS 32417, CA DRE BROKER 01247594, FL MBR2347, WA MB-32417
Long-Term Loans for Commercial Properties
We help Investors by offering them long term, Fixed-rate loan with no balloon payment.
With Fixed Rate terms of 3 to 30 years
Loans are based property value, not business income.
A great alternative to hard money loans.
For 5 plus multi-family, mixed-use and small-commercial properties.
This program is designed for self-employed real estate investors and small business owners who find it difficult to obtain investment property financing.
This is a great program for Owner Users as well.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types: Multi-Family 5+ units, Commercial, Office, Retail, Warehouse, Self-Storage, and Automation.
Qualify: On cash flow – 12 mths. Reserves required for negative cash flow, Ratio < 1:1, cash-out can be
used to cover reserves
Purpose: Purchase and Refinance.
Interest Rates: from 6.499%
Loan amounts: $100,000 to $5,000,000
Occupancy: Owner and Non-owner.
Appraisals: Required.
Pre-payment Penalty: 0 – 5 years
Term: 5yr, 7yr ARM & 30-year Fixed
Income: Based on actual rents or rental survey.
Credit Score: Min 650
Not available in all states. Call for details.
Property Types
- Adult Day Care
- Assisted Living Facility
- Auto Dealership
- Auto Repair
- Bed and Breakfast
- Cannabis Dispensary
- Cannabis Grow Facility
- Car Wash
- Casino
- Child Day Care
- Church
- Cinema
- Club
- Commercial Condominium
- Community Center
- Condominium
- Covered Land
- Event Center
- Gas Station
- Golf Course
- Healthcare
- Hospital
- Hostel
- Hotel
- Industrial
- Manufactured Home
- Marina
- Mixed-Use
- Mobile Home
- Mobile Home Park
- Motel
- Multifamily
- Night Club
- Office
- Parking Garage
- Parking Lot
- Place of Worship
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Ranch
- Recreational
- Rehabilitation Facility
- Religious Facility
- Residential Land
- Retail
- School
- Senior Housing
- Single Family Residence
- Storage Facility
- Student Housing
- Theater
- Vehicle Parking
- Winery
Loan Types
- Commercial Long-Term
Max Loan-to-Purchase Price
75%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
Fees which are paid to a third party company
- Escrow Fee
- Title Fee
Contact Nationwide Mortgage – Commercial Real Estate Division
Stay Informed About Private Lending
Established – 1997
Funded to Date – $5+ billion funded
Closed Loans – 10,000+
Why Nationwide?
Experience: We have been around for over 20 years and have seen a thing or two. There is no substitute for Experience.
Programs: Some companies only have a limited credit box. If you don’t qualify for those programs then you need to start over.
For example, some Borrowers have come to us thinking they needed a Private or Hard money loan, and we were able to get them a Non-Prime product with much better terms. Options are always good to have.
Service: We strive to treat every Borrower the way we want to be treated. Under-promise and always over-deliver. By harnessing the latest technology & skills from a talented team, nothing beats that.
Office Locations
1963 O'Toole Way, Suite 200, San Jose, California 95131Our Team
Noele Wheeler
President
NMLS - 32388
CA DRE Broker - 01125188
WA MLO# - 32388
FL MLO# - L029466
Susie Bassirpou
Senior Loan Officer
NMLS - 1998306
CA DRE Salesperson - 01392454
Florida - FL-100102
Washington - MLO-1998306
Contact Nationwide Mortgage – Commercial Real Estate Division
Stay Informed About Private Lending
Contact This Lender
Create a Loan Request
Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.
Contact Nationwide Mortgage – Commercial Real Estate Division by whichever method you choose.
If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.
Our Minimum Loan Amount Is
$100,000
What We Do
- Term Loans for Core Commercial Properties
- 25-30% Cash Required for Purchase Loans
- Owner-User AND Investment Properties