When it comes to retail property assets, Sunlite Mortgage offers standard financing programs that are tailored to meet the unique needs of borrowers looking to acquire or refinance a retail property.
Our standard financing terms typically span five years, with options for shorter or longer terms available. With a fixed interest rate, borrowers can enjoy stability and predictability in their financial obligations throughout the term. Furthermore, our standard financing programs are closed to prepayment for the duration of the term, providing borrowers with a consistent and reliable financing solution.
These financing programs are particularly well-suited for retail properties that boast a high occupancy rate, with most or all the units leased. Properties with long-term leases in place, securing the tenancy of most tenants, are considered ideal candidates for our standard financing options. Additionally, retail properties that demonstrate a strong history of tenant retention and stable cash flows are highly favorable for this type of financing.
In cases where borrowers require longer loan terms, such as 10 years or more, Sunlite Mortgage recognizes the value of aligning the lease agreements with the maturity of the mortgage. This alignment ensures greater stability and enhances the attractiveness of the property for financing purposes.
At Sunlite Mortgage, we understand the unique dynamics and considerations that come with retail properties. Our standard financing programs are designed to support the growth and success of retail property owners by providing them with flexible and reliable financing solutions. Whether you are looking to acquire a new retail property or refinance an existing one, our experienced team of advisors is ready to assist you in finding the best financing option that aligns with your specific needs and goals.
Unlock the potential of your retail property with Sunlite Mortgage’s standard financing programs. Contact us today to speak with one of our knowledgeable advisors and explore how our financing options can help you achieve your retail property objectives.
