Loan Programs

Hybrid And Fixed Term Loans For Stabilized Multi-Family and Commercial Property
We finance loans for seasoned, fully occupied properties, which can be underwritten based on historical operating cash flow. Hybrid loans are fixed for three to ten years, then are converted to a variable loan tied to LIBOR. Long term fixed-rate programs are also available with competitive terms.

Term Loans and Bridge Loans For Unstabilized Multi-Family Property
Loans are available for properties that need to improve income, or that have recently improved their cash flow. This program includes fixed and variable-rate financing with a maximum term of 30 years. Our Bridge loans are indexed to the prime lending rate, or LIBOR. The purpose of the loan can range from acquisition, to refinancing or renovation, (with or without earn-outs). This loan program will also accommodate Multi-Family loans that contain a commercial component.

Hybrid and Fixed Term Loans For Mobile Home Parks
Imperial Capital Bank has a comprehensive Mobile Home Park loan program. ICB offers a competitive adjustable-rate program (ARM) or a fixed-rate loan program that will convert to an ARM in the third or fifth year. One to Five-Star Mobile Home Parks are considered. The purpose of the loan can range from purchase, refinance, renovation or expansion, to loans with a cash-out component.

Hybrid and Fixed Term Loans For Commercial, Industrial, Warehouse, Mixed-Use, Office, Owner/User, Retail, and Self Storage Facilities
ICB has a wide variety of loan programs for stabilized commercial real estate assets. The 25 or 30 year Hybrid Program is fixed for three to five years, then converts to an ARM for the remainder of the term. Whether the purpose of the loan is purchase, refinance, renovation, expansion, or cash out, ICB has a lending program to meet your specific needs.

Bridge Loans For Commercial Property
Bridge loans for commercial properties vary in structure, depending on the type of project. Rates are indexed to the prime lending rate, or LIBOR. Most loans have a term of one to three years. These specialized loan programs allow renovation to maximize the potential income generating capacity of a property.

Bridge Loans For Condominium Conversions
In today's market, many apartment buildings are ideal candidates for conversion to condominiums. Condominium conversion loans finance the acquisition and rehabilitation of the property, and provide sufficient funds to complete the sales of the individual units. The interest rate is indexed to the prime lending rate, or LIBOR. Additional terms vary according to the particular needs of the project. This is a popular program for borrowers who are taking advantage of the current apartment-to-home ownership trend. Up to three years of financing is available.

Construction Loans for Office, Retail, Industrial, Warehouse, Mixed-Use, Special Purpose and Multi-Family projects; including Single-Family Subdivisions and Condominium Development
We provide comprehensive loan programs for land acquisition and construction of new commercial development projects. Our programs are tailored to accommodate larger developments requiring multiple phases. Loan rates are tied to the prime lending rate or LIBOR and terms vary, with a maximum of 30 months available. Call your local Loan Officer for more details.