1st Eagle Mortgage and Loan Company in Chicago Northfield Illinois

Commercial Programs

1st Eagle Mortgage offers a diverse selection of loan programs for income-producing and owner-occupied commercial real estate, including but not limited to: office; industrial; retail; multi-family; self-storage; senior housing; hospitality; special use, and parking structures.

1st Eagle Mortgage has access to loan programs that offer long or short-term, fixed or floating rate, non-recourse mortgages for commercial properties. Our loan officers will identify the borrower’s specific needs and suggest the program best suited for both their short and long term financial goals.

Program Features

  • Loans may be used for acquisition or refinancing
  • Rates starting from 4.00%
  • As little as 20% down for a purchase
  • As much as 80% loan to value with a refinance
  • Stated income up to $5 million (no tax returns)

We can structure financing to meet a variety of commercial lending needs:

  • Office
  • Industrial
  • Retail
  • Multifamily
  • Self-Storage
  • Seniors Housing
  • Hospitality
  • Parking Structures

To facilitate optimal debt placement, 1st Eagle Mortgage, Inc. has access to several lending platforms that offer long or short-term, fixed or floating rate, non-recourse mortgages for commercial properties. Our agents will identify each borrower’s specific needs and implement one of the key lending platforms:

  • Small Balance Proprietary Non-Recourse Lending Program
  • Commercial Loan Brokerage
  • High Leverage Lending Program

Conventional Loans

We offer conventional loans to be applied to investment properties or owner-occupied properties, including office, industrial, retail, and multifamily properties. Loans may be used for acquisition or refinancing. Rates and terms are:

  • Rates starting from 3.00%
  • Up to 80% LTV ratio
  • 10-year terms
  • 30-year amortization

CMBS Loans

1st Eagle Mortgage, Inc. Commercial Mortgage Backed Securities loans range from $1,000,000 to $50,000,000. Terms are similar to those of our conventional loans, but borrowers have the ability to back out. Eligible properties include flagged hotels, shopping centers, and office, industrial, or multifamily properties.

Construction Financing

Our construction loans range from $10,000,000 to over $100,000,000, provided the sponsors or principles behind the deal have worked with equity before. We can sometimes make this financing permanent.

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