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
$5,000,000 to $30,000,000
Larger loans available (up to $100,000,000), different terms
may apply.

Property Types:  Retail, Office and Industrial Properties
Loan Amounts:
$5,000,000 to $30,000,000
Maximum LTV:
75%

Minimum DSCR:
1.25

Recourse:
None, except for standard carve-outs pertaining to fraud,
misrepresentation, environmental matters and bankruptcy
matters.

Loan Terms:
5, 7 and 10 year balloons.

Amortization:
25 to 30 years.   

Assumptions:
Permitted with the approval of the Lender and with the
payment of an assumption fee.  A new Borrower must meet
Lender's underwriting criteria for creditworthiness.

Prepayment:
Locked out for four years or for two years from the date the
loan is securitized, whichever date occurs first.

Prepayment Penalty:
Defeasance.

Escrows:
Required for Real Estate Taxes, Replacement Reserves,
Insurance Premiums, TI/LC's and required immediate repairs.

Secondary Financing:
Not permitted, unless approved by the Lender.

Borrower:
A Special Purpose Single Asset Entity.

Key Principal:
Required.

Appraisal:
Required in a narrative format that meets FIREEA Standards.

Environmental and Structural Reports:
Required.

For Construction and Rehabilitation,
please vistit our
construction page.


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