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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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    $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
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    $1,081,900
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Alpharetta, GA
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    $1,350,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Clermont, FL
    $2,452,500
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Springboro, OH
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    $1,081,900
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Alpharetta, GA
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    $1,260,000
    Purchase
    Fixed rate
    Retail
    10 Year Term
    Grayson, GA
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    $4,700,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    7 Year Term
    Seattle, WA
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    $10,000,000
    Cash-Out Refinance
    Fixed rate
    Office
    15 Year Term
    Santa Monica, CA
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    $3,200,000
    Cash-Out Refinance
    Fixed rate
    Retail
    10 Year Term
    Santa Clarita, CA
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    $3,080,000
    Purchase
    Fixed rate
    Multifamily
    3 Year Term
    Fort Worth, TX
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    $1,570,000
    Purchase
    Fixed rate
    Multifamily
    10 Year Term
    Sellersburg, IN
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    $3,500,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    5 Year Term
    Seattle, WA
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    $9,150,000
    Rate/Term Refinance
    Fixed rate
    Mixed Use
    10 Year Term
    Surprise, AZ
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    $31,500,000
    Rate/Term Refinance
    Fixed rate
    Mixed Use
    10 Year Term
    Portfolio , Various States
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    $2,400,000
    Purchase
    Fixed rate
    Office
    10 Year Term
    Dallas, TX
    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
    Jeffery Bottoms
    Irving, TX

    Jeffrey has more than 30 years of experience in commercial real estate lending, with expertise in term, agency, CMBS, bridge, construction and mezzanine loans.  Jeff is part of the Strategic Partners Team focused on our many correspondent relationships. Jeff spent 18 years at Principal Financial Group, as an Investment Director. Jeff was also a Regional Director at Washington Mutual, a Partner at Timarron Capital and NRF Capital, a Vice President at Hudson Americas and Due Diligence Associate at Beal Bank. Jeff earned a B.A. from the University of Iowa.

    Specialties:
    • Fixed rate
    • Bridge
    Back
    See most recent transactions & client testimonials:
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    $3,585,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Pryor, OK
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    $1,176,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Monroe, WA
    $1,180,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport, CT
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    $1,200,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport, CT
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    $1,100,000
    Purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Bridgeport , CT
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    $4,550,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Lithonia, GA
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    $880,000
    Purchase
    Freddie SBL
    Multifamily
    7 Year Term
    Mooresville, NC
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    $4,500,000
    Cash-Out Refinance
    Fixed rate
    Retail
    5 Year Term
    Fairfax Station, VA
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    $2,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Orchard Park, NY
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    $2,000,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Salt Lake City, UT
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    $1,160,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Richmond, VA
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    $1,800,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Ashland, MA
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    $2,000,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Ennis, TX
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    $1,125,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Oberlin, OH
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    $1,260,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Dallas, TX
    $1,426,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Fort Worth, TX
    $1,880,000
    Rate/Term Refinance
    Freddie SBL
    Multifamily
    20 Year Term
    Baldwin, NY
    $1,080,000
    Cash-Out Refinance
    Fixed rate
    Multifamily
    10 Year Term
    Washington, DC
    $2,200,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Cambridge, MA
    $3,650,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    5 Year Term
    Arlington, TX
    $1,045,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    7 Year Term
    Cambridge, MA
    $1,400,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Joshua, TX
    $1,671,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Plantsville, CT
    $2,100,000
    purchase
    Freddie SBL
    Multifamily
    10 Year Term
    Framingham, MA
    $2,800,000
    Cash-Out Refinance
    Freddie SBL
    Multifamily
    10 Year Term
    Washington, DC
    $1,345,000
    purchase
    Freddie SBL
    Mixed Use
    10 Year Term
    Richmond, VA
    NEWS
    • 2019
    • 2018
    • 2017
    • 2016
    Ready Capital Corporation Announces Resignation of Chief Operating Officer, Carole Mortensen - 02/13/2019
    Ready Capital Corporation Announces Resignation of Chief Operating Officer, Carole Mortensen Company Release - 2/12/2019 8:00 AM ET NEW YORK, Feb. 12, 2019 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") today announced that Carole Mortensen, Chief Operating O ...
    Ready Capital National Bridge Team Closes Over 100 Million in Five States - 02/06/2019
    NEW YORK, Feb. 06, 2019 (GLOBE NEWSWIRE) -- Ready Capital National Bridge Originations Team announces the closing of acquisition, renovation, redevelopment and lease-up loans for approximately $100 Million in five states. The Charlotte, NC loan is to finance the acquisition, renovation, and lease-up ...
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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
    SUBMIT A REQUEST

    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.