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RPA Commercial Loans

As a national commercial mortgage brokerage, we at RPA Commercial Loans strive to get the best outcomes for our clients. Our strong relationships with local, regional, and national funding sources, including banks, credit unions, private equity firms, life companies, REITs, and syndicators provide us the best opportunity to meet your funding needs, regardless of loan amount.

Our purchase money and refinance options include bridge loans, rehab/construction, purchase-money, term loans, CMBS, SBA, USDA, Fannie Mae, Freddie Mac, and more.

Submit your application requirements to us today, and let us see what the marketplace has to offer for your needs.


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Retail Properties


Major retail is taking a hit at the moment. COVID forced people to shop online for a long time, and major retail properties have suffered for this. Many large malls have seen occupancy rates drop to 50% or less.

Surprisingly, strip centers and convenience malls with service retail are doing well, so the retail sector is a mixed bag, at the moment.

Retail properties range from a stand-alone cellular store or fast-food franchise to strip malls to major regional shopping centers.

Regardless of the type of retail property you own or plan to purchase, we have access to solutions to help make your dreams come true, whether you are doing a construction project, major renovation, upgrading your tenants, or simply doing a standard purchase or refinance transaction.

Contact us to discuss your needs, and let us help you.

Bridge Loans

Bridge loans are a good option for short-term (6 mos to 3 years) needs. With regard to multifamily, a bridge loan can allow you to rehab or upgrade a property or to increase occupancy to a level that will qualify for long-term financing (90-95%).


Fixed-Rate Loans

A fixed-rate loan offers payment certainty, as the only variations to your monthly payment will be annual increases in property taxes and insurance costs. In a declining interest-rate market, however, a fixed rate can work against you.


Adjustable-Rate Loans

Adjustable-rate loans usually offer lower interest rates than fixed-rate loans. In a declining interest-rate environment, your payment can actually decrease periodically. However, if interest rates rise, your payment will also increase.

LOAN CATEGORIES

Bank-Agency Loans
BANK/AGENCY LOANS

Referred to as Institutional, Permanent Loans, this category represents loans made to well-qualified borrowers. Debt Service Coverage Ratios from 1.25 to 1.55 and Occupancy Rates of 90% or greater, along with a high credit score are basic requirements for this type of loan. Most deals do not qualify for these best rates.

Alt-A
ALT-A

Usually deals that just miss the mark on A-Paper loans can qualify under Alt-A. Rates will be a little bit higher, but underwriting won't be as strict. DSCR ratios of 1.00 to 1.25 can qualify, and credit scores from 650 will be considered. Occupancy rates usually will need to be at 90% or greater for the last 90 days.

Hard Money Loan
HARD MONEY/bridge

Short-term loans fall into this category. This is our most popular loan option and allows a borrower to upgrade the property over six months to three years. Upgrades could involve renovation or rehabilitation, increasing occupancy, or simply improving the credit score or cash position of the borrower over time.

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