Self Storage Mortgage
Loan Financing
Self Storage - Mini
warehouse land financing is one of our
favorite types of loans to put on the
streets. We offer 4 types of financing for
Self storage warehouse facilities no matter
which stage of development.
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Permanent Loans -
(Traditional single digit rate)
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Land Loans - (Ideal for
self storage facilities)
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Bridge Loans - (Short term,
interest only)
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Hard Money Loans -
(Non-conforming or bank)
If you require quick
purchase
financing, refinance existing debt, or cash
out of your self storage
project, we have private hard money
financing and bankable credit partners that
have continued to lend during the last half of 2014.
Many individuals come to us
to mortgage their self storage land
in order to continue the
soft cost of developing the property such as architectural, engineering, planning,
zoning, or
the sometimes laborious entitlement process
with the local municipalities. and you have equity in
the land or an equity land partner give us a
call today to discuss your needs.
The self storage land
should be in an area that is economically
feasible to build or develop, have a demand,
and well located. A solid explanation
of how the loan will be re paid is
necessary.
If you are not yet approved
for a self storage construction loan, we can
help you. Several portfolio and GSE
lenders are within a phone call away with
your project.
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Self Storage Property
Rates
Tough to accurately quote
rates these days because we underwrite using
common sense based upon a set of question we
ask upon on initial conversation with you.
Below is a general idea of the type of
bankable and hard money self storage - mini
warehouse land rates you
will receive for well qualified properties
and borrowers alike.
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1 - 3 - 5 - 7 - 10 - 25 &
30 years terms
-
5.99% to 11% interest only
or full amortized
-
Low to no pre-payment
penalties
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Loan origination is 0-4%
Financing for well located
and desired self storage facilities properties. We work
with good and bad credit borrowers.
Both full disclosed income and non-traditional bank loans
are offered.
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Self Storage - Mini Warehouse
Loan Rates & Products:
If you are located in areas such as
Indiana, Minnesota, Florida, Tennessee, Georgia, Utah,
Nevada, California,
Texas, Kansas, Iowa, Illinois,
South Dakota, Washington, New Mexico, Oregon, North
Dakota, North Carolina,
South Carolina, Indianapolis and other
market considered on a
Nationwide basis.
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