Commercial Rehab and Construction Loans

Value-Add Financing for Multi-Family and Mixed-Use Projects

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What to Expect

Commercial Rehab Financing at a Glance

Loan Amounts

$150,000 - $5,000,000

Maximum LTC

Up to 80%

Maximum LTV

Up to 70%

Terms

12, 18, or 24 months

Commercial Rehab Loans 101

What are Commercial Rehab Loans?

Commercial rehabilitation loans provide specialized financing for value-add opportunities in multi-family and mixed-use properties. Our NIVA (No Income, Verified Assets) program focuses on property potential rather than current income, making it ideal for renovation projects ranging from light rehab to substantial construction.

How do Commercial Rehab Loans Work?

The program evaluates projects based on both current value (LTV up to 70%) and total cost (LTC up to 80%), with a maximum after-repair value of 65%. Terms range from 12 to 24 months, allowing adequate time for renovation completion and stabilization, with required reserves that can be included in loan proceeds.

Benefits of Getting a Commercial Rehab Loan Through Joseph Capital Network

Flexible Project Scope

Finance a wide range of renovation projects from light updates to substantial rehabilitation. Our program accommodates various project sizes with loan amounts from $150,000 to $5 million. The flexible structure allows you to tackle different types of value-add opportunities while maintaining comfortable leverage ratios throughout the renovation process.

First-Time Investor Friendly

Welcome both experienced developers and first-time commercial investors. Our program removes common barriers to entry while maintaining appropriate risk management. The simplified qualification process focuses on project viability and property potential rather than extensive previous experience requirements.

Competitive Terms and Structure

Access up to 80% of project costs with loan terms ranging from 12 to 24 months. Our tiered pricing structure rewards strong credit profiles while remaining accessible to a broad range of borrowers. The program includes options for non-recourse financing and various term lengths to match your project timeline.

Maximum Flexibility

Take advantage of multiple loan purposes including purchase, rate-term refinance, and cash-out options. The program allows reserves to be included in loan proceeds and accommodates foreign nationals up to 65% LTV. This flexibility enables you to structure the financing around your specific project needs and timeline.

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Minimum Requirements to Qualify

Our Commercial Rehab and Construction program focuses on project viability:

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- 620+ FICO score

- 5-30 unit multi-family or mixed-use properties

- 3 months reserves (can be from proceeds)

- Detailed renovation/construction plan

- AMC appraisal required

- Clean title

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Understanding Commercial Rehab Requirements

Success in fix and flip projects requires more than just meeting minimum qualifications. We evaluate each application based on

Financial Parameters

Properties must be 5-30 unit multi-family or mixed-use buildings with clear value-add potential. All projects require approved AMC appraisal and desk review from approved vendors.

Financial Parameters

Credit scores starting at 620 with tiered LTV/LTC ratios. Three months reserves required but can be included in loan proceeds. Maximum ARV of 65% on all value-add loans.

Project Structure

Terms available for 12, 18, or 24 months with minimum 3 months interest. Non-recourse options available for an additional 1% up to 55% LTV.

If you meet these minimum requirements, you will then need to meet a plethora of additional financing and industry-based requirements that will be based on the size of the loan along with the intended use of the loan.