Continental Funding, L.L.C. has a team of experienced real estate professionals that are committed to closing transactions quickly.

Continental Funding, L.L.C. specializes in originating conventional and unconventional commercial real estate loans for a wide variety of borrowers, including those with credit problems. It is our mission to provide financing that offers the borrower the convenience and confidence other lenders cannot deliver. We offer long term fixed and adjustable rate financing with a 10-Day Quick Closing Program available for most property types and in most locations.

Continental Funding, L.L.C. is an established originator and purchaser of small balance commercial real estate loans including:

  • Multi-family
  • Retail Office
  • Restaurants
  • Hotel/Motel/Bed & Breakfast
  • Industrial/Warehouse
  • Gas Stations
  • Other/Special Purpose

Continental Funding, L.L.C. structures creative solutions to fund difficult properties.

For new originations, Continental Funding, L.L.C. offers long term, fixed and adjustable rate financing for multifamily, mixed-use, office, retail, industrial, mobile home parks, self-storage, hospitality and a variety of other property types.

Continental Funding, L.L.C. seeks correspondent relationships with established mortgage brokers. Please contact one of our sales representatives for more information at (212) 829-9835 or e-mail us at info@continentalfunding.com.

Commercial Mortgage Guidelines

Continental Funding offers numerous funding options for a wide variety of commercial properties. While each particular commercial mortgage situation is unique, the following is a summary of standard guidelines and financing conditions lenders utilize:

APARTMENTS

  • 80% Loan-to-Value Ratio with 1.25 Debt Service
  • 85% Minimum Occupancy
  • 7-10 Year Terms with 20-30 Year Amortization
  • Rates: T-Bill + 180/400 – Nonrecourse

INDUSTRIAL / MANUFACTURING

  • 70% Loan-to-Value Ratio with 1.35 Debt Service
  • 85% Minimum Occupancy 20-25 Year terms with 25 year Amortization
  • Rates: T-Bill + 275/400 - Nonrecourse
  • Light and Heavy (single and multi-tenant) qualifies.

OFFICE BUILDINGS

  • 75% Loan-to-Value Ratio with 1.20 Debt Service 90% Minimum Occupancy 10-20 Year Terms with 20-30 Year Amortization
  • Rates: T-Bill + 140/325 - Nonrecourse
  • Single and Multi-tenant qualify.

RETAIL BUILDINGS

  • 70-75% Loan-to-value Ratio with 1.25 Debt Service 85% Minimum Occupancy 10-15 Year Terms with 20-30 year Amortization
  • Rates: T-Bill + 150/325 - Nonrecourse
  • Anchored and non-anchored qualify

MINI-STORAGE

  • 70-75% Loan-to-Value Ratio with 1.30 Debt ServiceE 90% Minimum Occupancy 7-10 Year Terms with 20-25 Year Amortization
  • Rates: T-Bill + 200/325 - Nonrecourse

CONSTRUCTION LOANS

  • 75% Loan-to-value Ratio
  • 1-5 Year Terms
  • Rates: Prime + 1% - 3% - Recourse

Asset Backed Commercial Loans:

Continental Funding offers several asset backed loan options for borrowers that need to close quickly. These program are designed for time sensitive sales and non standard / non bankable real estate transactions. Typically a loan to value of 65% or lower is required.

Residential Tract development & commercial.

Short term (1-5 years) and long term (5-10 years) programs are available for hard to finance properties. Loan sizes range from $1,000,000 to $15,000,000. Participation funding and sale/leaseback programs are also available. Interest rates may be either adjustable or fixed, with P & I or interest-only payments. Collateral and cash flow coverage requirements are determined on a case by case basis. Security must be a first lien on real estate. Eligible properties include Hotels, Motels, Nursing Homes, Medical Office Condominiums, Mobile Home Parks, Funeral Homes, Convenience Store Gas Stations, anchored and non-anchored retail and office buildings.