Financing for commercial and mixed-use real estate
Commercial real estate financing in California, Texas, Georgia, Tennessee, Oklahoma, and Idaho for multifamily, mixed-use, retail, office, and owner-occupied business properties. CDL Mortgage connects investors and business owners with competitive commercial lending programs.
Why CDL
CDL Mortgage Services Inc. is a full-service mortgage company focused on securing the best loans at the best rates. As an independent broker, we aren’t tied to one bank’s products — we shop multiple wholesale lenders for every commercial loan to find the strongest pricing for your scenario.
Every file is handled start-to-finish by a licensed loan officer, not a call center. From fast pre-approval through underwriting and closing, you’ll always know exactly where your loan stands.
Requirements
General guidelines — final qualification depends on the lender, property, and your full financial profile.
Calculator
Estimates only. Mortgage insurance and HOA dues are not included. Your actual payment depends on your final rate, program, taxes, and insurance premiums.
How It Works
Commercial lending underwrites the asset and its cash flow first, and the sponsor second. The property must service its own debt with room to spare.
Gross income minus operating expenses produces NOI — the number every commercial decision is built on.
Lenders typically require NOI to exceed the annual debt payment by 20–25%.
Commonly 65–75% financing, so plan on 25–35% equity plus closing reserves.
Global cash flow, liquidity, net worth and experience with the asset class all factor in.
Commercial appraisal, environmental screening and often a property condition report. Budget time and cost for these.
Fixed for 5–10 years, amortized over 20–30, frequently with a balloon at term. We plan the exit up front.
Your Options
Every asset class prices differently. Here is where we place deals most often.
Honest Advice
Commercial approvals hinge on a handful of numbers. Knowing them before you write an offer saves months.
Clean leases, verified rents and a real expense history make underwriting straightforward.
Post-closing liquidity is often the deciding factor on borderline deals.
Track record in the same asset class improves both approval odds and leverage.
If DSCR lands near 1.15, expect lower leverage or a decline. We test this before you spend money.
Multiple leases expiring at once is a real risk factor lenders price for.
A five-year balloon requires a refinance or sale plan on day one, not in year four.
Questions
Multifamily (5+ units), mixed-use, retail, office, industrial, self-storage, and owner-occupied business properties. We’ll match your property type with the right lender program.
Typically 20-30% down depending on property type, cash flow, and borrower strength. Owner-occupied commercial properties may qualify for lower down payments through SBA-adjacent programs.
Primarily on the property’s net operating income and debt service coverage, plus borrower credit and experience. Full personal income documentation is often not the deciding factor.
Common structures include 5-, 7-, and 10-year fixed periods with 25-30 year amortization, plus bridge and interest-only options for value-add projects.
About Us
CDL Mortgage Services Inc. is an independent, full-service mortgage company. Instead of pushing one bank’s products, we shop multiple wholesale lenders to secure the best loan at the best rate for every borrower.
Purchase, refinance, and home equity — all under one roof, focused on the best loans at the best rates.
Based at 6524 Lonetree Blvd, Rocklin, CA 95765 and licensed in California, Texas, Georgia, Tennessee, Oklahoma & Idaho.
Every file is handled start-to-finish by a licensed loan officer who knows your name and your goals.
Fully licensed and regulated, with award-winning lender partnerships and 35+ years serving borrowers.
Find commercial loans details for your city or county below.
Ready when you are
Same-day pre-approvals, dozens of wholesale lenders shopped for you, and one licensed loan officer from application to keys in hand.