Fixed Rate Lending
Ready Capital offers fixed rate permanent loans to $50 million for multifamily, office, retail mixed use, self-storage, industrial and select other property types. As a non-bank capital source, we bring speed to the commercial lending process and help borrowers capitalize on more opportunities.
Ready Capital is one of the few non-bank commercial mortgage lenders providing financing nationwide. We are driven by our vision to provide customers with an unparalleled experience in small-balance commercial real estate financing. We leverage our team’s expertise to deliver flexible commercial lending solutions, quick closings and exceptional customer service.
Check out our most recent transactions and client testimonials:

Fixed rate
Retail
10 Year Term
Conyers, GA

Fixed rate
Multifamily
10 Year Term
Lilburn, GA
“The way you solved challenges was a breath of fresh air. I have not seen a lender in six years that showed the willingness to explore all of the options available…this was the best performance we have had with a lender in a long, long time. Thanks again.”

Fixed rate
Office
10 Year Term
Glendale , CA

Fixed rate
Retail
5 Year Term
Fairfax Station, VA

Fixed rate
Retail
10 Year Term
Tempe, AZ

Fixed rate
Multifamily
10 Year Term
Bronx, NY

Fixed rate
Multifamily
10 Year Term
Various, GA

Fixed rate
Retail
10 Year Term
Riverdale, GA

Fixed rate
Office
10 Year Term
Westerville, OH
“The Ready Capital team was responsive throughout the loan process and they performed to our expectation. Inquiries were handled promptly and professionally from beginning to end. We anticipate a long and mutually beneficial relationship with Ready Capital going forward.”

Fixed rate
Multifamily
5 Year Term
Midvale, UT
Fixed rate
Mixed Use
10 Year Term
Chicago, IL

Fixed rate
Multifamily
10 Year Term
Lakewood, CO
Fixed rate
Multifamily
5 Year Term
Forest Park, GA

Fixed rate
Office
10 Year Term
Glendale, CA

Fixed rate
Self Storage
12 Year Term
Kent, WA

Freddie SBL
Multifamily
10 Year Term
Various, OH

Fixed rate
Office
10 Year Term
Chesapeake, VA
Fixed rate
Mixed Use
5 Year Term
Los Angeles , CA
Fixed rate
Retail
10 Year Term
Coral Gables, FL

Fixed rate
Multifamily
10 Year Term
Oklahoma City, OK

Fixed rate
Retail
10 Year Term
Pflugerville, TX
Fixed rate
Multifamily
10 Year Term
Greensboro, NC

Fixed rate
Retail
10 Year Term
New Lenox, IL

Fixed rate
Retail
10 Year Term
Lawrenceville, GA

Fixed rate
Retail
10 Year Term
Kissimmee, FL

Fixed rate
Retail
10 Year Term
Live Oak , TX

Fixed rate
Retail
5 Year Term
Yuma, AZ

Fixed rate
Retail
10 Year Term
Capitol Heights, MD

Fixed rate
Industrial
10 Year Term
Pittsburg, CA

Fixed rate
Mixed Use
10 Year Term
Clifton, NJ

Fixed rate
Multifamily
10 Year Term
Paterson, NJ

Fixed rate
Fixed Rate
10 Year Term
San Antonio, TX

Fixed rate
Office
10 Year Term
Grand Prairie, TX

Fixed rate
Multifamily
10 Year Term
Waxahachie, TX

Fixed rate
Retail
5 Year Term
Evansville, IN

Fixed rate
Retail
2 Year Term
Sacramento, CA
PRODUCT OVERVIEW
- $3MM – $50MM*
- Flexible prepays including step-downs
- Stabilized and near-stabilized properties
- Custom structures
- Major markets nationwide
- Pricing starting in the 4%s
- Acquisitions, refinance, recapitalization, cash out
- 2 – 10 year terms (15 years on a case-by-case basis)
- Up to 75% LTV
- Minimum 1.25 DCR
- Up to 30 year amortization for multi-family, 25 years for other asset types, IO on a case-by-case basis
- Par to lender / YSP available
- CMBS alternative
- Non-recourse
- Future funding, holdbacks and earn-outs
- Light value add if cash flowing
*Lower and higher loan amounts considered on a case-by-case basis
- Director, Loan Officer
- 323-380-6929
- joel.covington@readycapital.com
Joel brings nearly 20 year of experience to his role as Vice President of Originations for the Fixed Rate, Multifamily and Bridge programs. Prior to joining Ready Capital, Joel was a Vice President for Business Partners, now Extensia Financial, originating participation loans for credit unions nationwide. Joel graduated from Salisbury University with a B.A. in Finance and M.B.A in Business Administration.
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Fixed rate
-
Bridge
-
CMBS
-
Multifamily
Bridge
Office
3 Year Term
Houston, TX

Fixed rate
Industrial
10 Year Term
Pittsburg, CA

Fixed rate
Office
5 Year Term
Los Angeles, CA

Freddie SBL
Multifamily
7 Year Term
Charlotte, NC

Fixed rate
Multifamily
7 Year Term
Seattle, WA

Freddie SBL
Multifamily
20 Year Term
Phoenix, AZ

Fixed rate
Office
15 Year Term
Santa Monica, CA

Fixed rate
Office
10 Year Term
Glendale, CA

Fixed rate
Multifamily
5 Year Term
Seattle, WA

Freddie SBL
Multifamily
20 Year Term
Phoenix, AZ

Bridge
Multifamily
2 Year Term
Various, TX

Fixed rate
Multifamily
7 Year Term
Tacoma, WA

Freddie SBL
Multifamily
20 Year Term
Tacoma, WA

Fixed rate
Multifamily
7 Year Term
Tacoma, WA

Fixed rate
Mixed Use
10 Year Term
Brooklyn, NY

Freddie SBL
Multifamily
20 Year Term
Seattle, WA
Freddie SBL
Multifamily
5 Year Term
Henderson, NV
Fixed rate
Multifamily
10 Year Term
Kirkland, WA
Fixed rate
Industrial
10 Year Term
Spicewood, TX

Freddie SBL
Multifamily
7 Year Term
New Orleans, LA

Freddie SBL
Multifamily
10 Year Term
Detroit, MI
Freddie SBL
Multifamily
20 Year Term
Edmonds, WA
Freddie SBL
Multifamily
20 Year Term
Bellevue, WA
Fixed rate
Retail
10 Year Term
Henderson, NV
Bridge
Mixed Use
3 Year Term
Los Angeles, CA
Fixed rate
Industrial
10 Year Term
Valencia, CA
Bridge
Mixed Use
3 Year Term
Sacramento, CA
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
Connect with us and request a quote to see what product best fits your needs. A product representative will be in touch with you shortly.