Vidco Capital
Commercial Mortgage
Contact Vidco Capital for your commercial mortgage needs.
Louisiana and Texas are our primary commercial mortgage areas, though we will consider all states. Louisiana commercial mortgage, Texas commercial mortgage, Lafayette Louisiana
Commercial mortgage Baton Rouge Louisiana Commercial mortgage, New Orleans Louisiana Commercial mortgage, Houston Texas, Austin Texas Commercial Mortgage, San Antonio
Commercial mortgage, Dallas Commercial mortgage, Fort Worth Commercial mortgage, Shreveport Louisiana Commercial mortgage, Alexandria Louisiana Commercial mortgage, Jackson
Mississippi Commercial mortgage, Biloxi Mississippi Commercial mortgage, fixed rate commercial mortgage, long term fixed rate commercial mortgage, fixed rate commercial loan,
Investment Properties
$1,000,000 to $5,000,000
Property Types:
Office, Retail (anchored and unanchored),
Industrial/Warehouse, Mixed-Use, Mobile Home Parks,
Self-Storage Facilities located anywhere within the continental
United States.

Loan Amount:
$1,000,000 - $5,000,000

Interest Rate:
Fixed at the comparable term U.S. Treasury plus competitive
spreads (subject to market change).  Locked two days before
closing; early rate lock also available.

Loan Term:
5, 7, 10 years; longer terms available on a case-by-case basis.

Amortization:
Up to 30 years.  Older properties will receive a maximum
amortization of 25 years.   

Maximum LTV:
Refinance: up to 75%; Acquisition: the lesser of 80% of loan to
purchase price or 75% of appraised value.

Minimum DSCR:
1.25 for most commercial property types, 1.40 for self-storage
facilities.

Appraisal Report:
Required.  A summary appraisal format is acceptable.

Environmental Req.:
Environmental Reports are not required; however,
Environmental Insurance is required.

Commitment Fees:
A non-refundable Commitment Fee of 1% of the approved loan
amount will be due and payable upon issuance of a Final
Commitment.

Escrows:
Required for monthly Real Estate Taxes and Property
Insurance.  Replacement Reserves are underwritten but not
collected.  Tenant Improvements and Leasing Costs are
generally not required but evaluated on a case-by-case basis.  

Non-Recourse:
Except for standard carve-outs.

Security:
First mortgage on fee simple interest.

Prepayment:
Two year lockout from the time of securitization.  Defeasance
for the remaining term, with the last six months open to
prepayment without penalty.  

Secondary Financing:
Not permitted.

To Receive a Quote,  Please Submit:
1.   Current detailed rent roll.
2.   Previous 3 years operating statements and current YTD
statement.
3.   Historical occupancy for the past 3 years.
4.   Site plan and leasing plan showing tenant location (if
available).
5.   Most recent appraisal and color photographs (if available).
6.   Sources and uses of the loan proceeds.

For construction and rehabilitation,
please visit our construction page.


Submit Loan Request