Benefits of Working with Axos Bank

Nationwide lending platform

Loan amounts up to $20,000,000

Loan-to-value ratio up to 75% for purchase, 70% for refinance

Flexible credit parameters

30-year terms with 30 year amortization

Fixed terms offered for 3, 5, 7 and 10-year periods

Eligible Properties

Small Balance Commercial Lending Details

Repositioned, rehabilitated, and stabilized multi-family student dwellings

Must be in close proximity of the university

University population is greater than 10,000

Success Story

Challenge

A guarantor came to us needing a cash-out refinance on an owner-occupied office building to fund the purchase of an additional owner-occupied commercial property. Due to the conventional risk of lending on owner-occupied properties and the past financial difficulties of the borrower's businesses, traditional lenders disqualified him form obtaining financing.

Axos Bank Lending Solution

We took common-sense underwriting approach to the loan analysis for this application. The property in question is located in one of the strongest retail and office markets in the country. The strength of the market and financial stability of the building far outweighed the borrower's previous financial issues. With a strong global cash flow from outside real estate investments, we were able to approve the refinance loan for this property.