Fixed Rate Lending
Ready Capital offers fixed rate permanent loans to $25 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 & client testimonials:
Fixed rate
Retail
10 Year Term
Tempe, AZ
“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
Multifamily
5 Year Term
Midvale, UT
Fixed rate
Mixed Use
10 Year Term
Chicago, IL
Fixed rate
Multifamily
10 Year Term
Lakewood, CO
“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
Office
10 Year Term
Dallas, TX
Fixed rate
Multifamily
3 Year Term
Peoria, AZ
Ready Capital provides competitive programs to meet a wide range of borrower needs. Contact one of our loan professionals for more information.
| Property Types | Primarily office, retail, multifamily, self-storage and industrial |
| Rates | Competitive rates priced off of SWAPs |
| Loan Size | $750,000 to $20,000,000 primarily |
| Loan Purpose | Refinance, cash out & acquisition |
| Terms |
Loan terms for 2 years to 10 years Can consider other terms on case-by-case basis |
| Leverage | Up to 80% in select markets |
| Recourse | Non-recourse with standard carveouts |
| Prepayment |
Flexible Can offer yield maintenance, step-down and up to 20% UPB Can be repaid on a rolling 12 month basis without prepayment penalty |
| Debt Service Coverage | As low as 1.20x |
| Amortization |
Up to 30 year amortization Interest only available |
| Origination | Par |
- Vice President, Loan Officer
- oliver.harris@readycapital.com
Oliver brings over 20 years of analytical and origination experience to his current role focused on the Mid-Atlantic Region at Ready Capital focusing on Fixed Rate, Multifamily, and Bridge loan transactions. Oliver has held positions as a VP/Relationship Manager at Premier Bank, Mid-East Regional CMBS Originations Manager with PCF II (a joint venture of USBank and Principal Advisors), VP/Relationship Manager at USBank, and Production Analyst and VP of CMBS originations at CWCaptial, after beginning his commercial real estate career as a Project Manager with the Trammell Crow Company in Charlotte, NC. Oliver obtained his Bachelor of Science at Ohio University in Athens, OH, and further graduated with a Master’s of Science in Real Estate focusing on Institutional Investments from the Johns Hopkins University Carey School of Business in which he taught the Introduction to Real Estate Analysis course for nine years following his graduation.
-
Fixed rate
-
Bridge
-
Multifamily
Fixed rate
Multifamily
10 Year Term
Stockton, CA
Fixed rate
Mixed Use
10 Year Term
Nashville, TN
Freddie SBL
Multifamily
10 Year Term
Franklin, IN
Freddie SBL
Multifamily
2 Year Term
Dayton, OH
Fixed rate
Self Storage
10 Year Term
Berlin, NJ
Fixed rate
Office
10 Year Term
Berwyn Heights, MD
Bridge
Office
3 Year Term
Richmond, VA
- 2018
- 2017
- 2016
Interested in working with one of the fastest growing commercial mortgage REIT’s in the industry?
Ready Capital is always looking to add experienced and driven professionals to expand and grow with our company. We are continually searching for experienced professionals within the industry by offering a work environment thriving on collaboration and a corporate culture of employees who are passionate and excited about what they do.
Find out what job positions are open in your area.
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.