Loan Programs / CRE Purchase / Refi
CRE Purchase & Refinance Loans
Long-term financing for income-producing commercial property — acquisitions, rate-and-term refis, and cash-out on stabilized assets you plan to hold.
Submit a CRE Scenario →This is for you if…
Check all that apply.
Terms & cost
| Loan amount | $300K – $20M |
|---|---|
| Today’s rate range | 5.6% – 7.1% updated daily · 90-day avg SOFRas of Thu, Jun 18 |
| Max leverage | Up to 80% of property value (75% on mixed-use) |
| Term | 5 – 30 years |
| Typical fees | 0.5–2 points, paid at close — nothing upfront, ever |
| Prepayment | Varies by lender — step-down or yield maintenance are common |
How is the rate set?
Pegged to the 90-day average SOFR benchmark (live via FRED & the New York Fed) plus a spread of 2–3.5% depending on leverage, property type, and cash flow. When the market moves, this table moves with it.
No lengthy forms, no wasted time — just the information we need to move forward.
What happens after you submit
A complete file moves fastest. For a CRE scenario, we’ll request:
- T-12 operating statement
- Current rent roll
- Purchase agreement or payoff statement
- Personal financial statement
- 2 yrs property tax returns
CRE loan questions
What does Smply Capital charge?
A broker fee, earned only when your loan closes — depending on the deal it’s paid by you, the lender, or both, and it’s disclosed in a written broker agreement before your file goes to any lender. Nothing upfront, ever: scenario review, consultation, and evaluation are free, and if your deal doesn’t close, you don’t pay us.
What counts as "stabilized"?
Consistent occupancy — typically 85%+ — with in-place leases and enough net operating income to cover the proposed debt service. If the property isn’t there yet, a bridge loan gets you through lease-up, then refis into this program.
Fixed or floating rate?
Both exist. Most borrowers holding long-term take a 5-, 7-, or 10-year fixed period, often amortized over 25–30 years. Floating-rate options price off SOFR and suit shorter holds. We present both where your deal supports them.
Can I pull cash out?
Yes — cash-out refis are routine on stabilized property, usually capped around 70–75% of value. Lenders want to see where the equity came from and that the remaining cash flow still covers the payment comfortably.
How is this different from a bank loan?
It often is a bank loan — plus credit unions, agencies, debt funds, and insurance-company lenders. The difference is you submit once and we take it to the lenders who actually close your property type, instead of you applying bank by bank.
Is a CRE loan the right fit?
Still weighing it? The 30-second quiz sorts all 6 programs →
Ready to structure your next deal?
Reviewed by a human broker. Response within 1 business day.
Submit Scenario →