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 |
- Loan Officer
- 469-706-7063
- jeffrey.Bottoms@readycapital.com
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.
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Fixed rate
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Bridge
Freddie SBL
Multifamily
10 Year Term
Orchard Park, NY
Freddie SBL
Multifamily
7 Year Term
Salt Lake City, UT
Freddie SBL
Multifamily
10 Year Term
Richmond, VA
Freddie SBL
Multifamily
10 Year Term
Ashland, MA
Freddie SBL
Multifamily
10 Year Term
Ennis, TX
Freddie SBL
Multifamily
10 Year Term
Oberlin, OH
Freddie SBL
Multifamily
20 Year Term
Dallas, TX
Freddie SBL
Multifamily
10 Year Term
Fort Worth, TX
Freddie SBL
Multifamily
20 Year Term
Baldwin, NY
Fixed rate
Multifamily
10 Year Term
Washington, DC
Freddie SBL
Multifamily
7 Year Term
Cambridge, MA
Freddie SBL
Multifamily
5 Year Term
Arlington, TX
Freddie SBL
Multifamily
7 Year Term
Cambridge, MA
Freddie SBL
Multifamily
10 Year Term
Joshua, TX
Freddie SBL
Multifamily
10 Year Term
Plantsville, CT
Freddie SBL
Multifamily
10 Year Term
Framingham, MA
Freddie SBL
Multifamily
10 Year Term
Washington, DC
Freddie SBL
Mixed Use
10 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.