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    Fixed Rate Lending

    OVERVIEW

    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:

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    $1,050,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Conyers, GA
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    $3,322,500
    Rate/Term Refinance
    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.”

    - Warren
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    $5,200,000
    Cash-Out Refinance
    Fixed rate
    Office
    10 Year Term
    Glendale , CA
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    $4,500,000
    Cash-Out Refinance
    Fixed rate
    Retail
    5 Year Term
    Fairfax Station, VA
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    $5,587,500
    purchase
    Fixed rate
    Retail
    10 Year Term
    Tempe, AZ
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    $3,400,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Bronx, NY
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    $1,391,000
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Various, GA
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    $2,400,000
    Cash-Out Refinance
    Fixed rate
    Retail
    10 Year Term
    Riverdale, GA
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    $2,625,000
    Purchase
    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.”

    - Zaya
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    $9,445,000
    purchase
    Fixed rate
    Multifamily
    5 Year Term
    Midvale, UT
    $1,387,500
    purchase
    Fixed rate
    Mixed Use
    10 Year Term
    Chicago, IL
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    $750,000
    purchase
    Fixed rate
    Multifamily
    10 Year Term
    Lakewood, CO
    $1,080,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    5 Year Term
    Forest Park, GA
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    $4,250,000
    Cash-Out Refinance
    Fixed rate
    Office
    10 Year Term
    Glendale, CA
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    $7,000,000
    Cash-Out Refinance
    Fixed rate
    Self Storage
    12 Year Term
    Kent, WA
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    $1,965,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Various, OH
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    $4,500,000
    Rate/Term Refinance
    Fixed rate
    Office
    10 Year Term
    Chesapeake, VA
    $2,100,000
    Cash-Out Refinance
    Fixed rate
    Mixed Use
    5 Year Term
    Los Angeles , CA
    $1,750,000
    Rate/Term Refinance
    Fixed rate
    Retail
    10 Year Term
    Coral Gables, FL
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    $7,500,000
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Oklahoma City, OK
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    $1,687,500
    Rate/Term Refinance
    Fixed rate
    Retail
    10 Year Term
    Pflugerville, TX
    $900,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Greensboro, NC
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    $3,325,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    New Lenox, IL
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    $3,400,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Lawrenceville, GA
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    $2,065,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Kissimmee, FL
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    $4,575,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Live Oak , TX
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    $1,610,000
    Rate/Term Refinance
    Fixed rate
    Retail
    5 Year Term
    Yuma, AZ
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    $1,300,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Capitol Heights, MD
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    $1,700,000
    Cash-Out Refinance
    Fixed rate
    Industrial
    10 Year Term
    Pittsburg, CA
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    $1,080,000
    Cash-Out Refinance
    Fixed rate
    Mixed Use
    10 Year Term
    Clifton, NJ
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    $1,400,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Paterson, NJ
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    $15,000,000
    Rate/Term Refinance
    Fixed rate
    Fixed Rate
    10 Year Term
    San Antonio, TX
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    $2,650,000
    Purchase
    Fixed rate
    Office
    10 Year Term
    Grand Prairie, TX
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    $12,000,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Waxahachie, TX
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    $2,000,000
    Rate/Term Refinance
    Fixed rate
    Retail
    5 Year Term
    Evansville, IN
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    $6,200,000
    Purchase
    Fixed rate
    Retail
    2 Year Term
    Sacramento, CA
    CRITERIA

    Ready Capital provides competitive programs to meet a wide range of borrower needs. Contact one of our loan professionals for more information.

    Print
    Fixed Rate
    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
    Oliver Harris
    Irving, TX

    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.

    Specialties:
    • Fixed rate
    • Bridge
    • Multifamily
    Back
    See most recent transactions & client testimonials:
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    $1,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Newark, OH
    $1,012,500
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Baltimore, MD
    $2,452,500
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Springboro, OH
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    $5,900,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Stockton, CA
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    $3,750,000
    Cash-Out Refinance
    Fixed rate
    Mixed Use
    10 Year Term
    Nashville, TN
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    $3,575,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Franklin, IN
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    $1,086,600
    purchase
    Freddie SBL
    Multifamily
    2 Year Term
    Dayton, OH
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    $1,718,000
    Rate/Term Refinance
    Fixed rate
    Self Storage
    10 Year Term
    Berlin, NJ
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    $1,140,000
    purchase
    Fixed rate
    Office
    10 Year Term
    Berwyn Heights, MD
    $5,645,000
    purchase
    Bridge
    Office
    3 Year Term
    Richmond, VA
    NEWS
    • 2019
    • 2018
    • 2017
    • 2016
    Ready Capital National Bridge Team Closes Over $100 Million in Four States - 06/06/2019
    NEW YORK, May 28, 2019 (GLOBE NEWSWIRE) -- Ready Capital National Bridge Originations Team announces the closing of acquisition, mixed-use acquisition, renovation, refinance, redevelopment, stabilization and lease-up loans for approximately $110 Million in five states. The Houston, TX loans for the ...
    Ready Capital Corporation Announces First Quarter 2019 Earnings Release and Conference Call - 05/01/2019
    NEW YORK, May 1, 2019 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its first quarter 2019 financial results after the New York Stock Exchange closes Wednesday, May 8, 2019. Webcast and Earnings Conference Call Management will host ...
    Ready Capital Corporation Appoints Gary Taylor as Chief Operating Officer - 04/03/2019
    NEW YORK, April 3, 2019 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced that Gary Taylor has been appointed Chief Operating Officer, effective April 2, 2019. "Gary brings to Ready Capital deep sector expertise across multiple asset classes incl ...
    Ready Capital and Owens Realty Mortgage Announce Completion of Merger - 03/29/2019
    New York, New York, March 29, 2019 / PRNewswire / – Ready Capital Corporation (NYSE: RC) (“Ready Capital”) and Owens Realty Mortgage, Inc. (NYSE American: ORM) (“ORM”) jointly announced today that they have completed the previously announced merger pursuant to the terms of the Agreement and Plan of ...
    Ready Capital National Bridge Team Closes Over $100 Million in Four States - 03/25/2019
    NEW YORK – March 21, 2019 – Ready Capital National Bridge Originations Team announces the closing of acquisition, renovation, stabilization and lease-up loans for approximately $100 Million in four states. The San Antonio, TX loan is for the acquisition, renovation, and stabilization of a 392-unit, ...
    Ready Capital Corporation Announces Executive Transition - 03/12/2019
    READY CAPITAL CORPORATION ANNOUNCES EXECUTIVE TRANSITION - Andrew Ahlborn to Become Chief Financial Officer - - Rick Herbst to Retire - New York, NY – March 12, 2019 - Ready Capital Corporation (NYSE:RC) (“Ready Capital” or the “Company”) today announced the appointment of Andrew Ahlborn as Chief Fi ...
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    CAREERS

    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.

    View Open Positions
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