Our Commercial Lending features include:
• Matrix Pricing up to $2 million
• Rates as low as Prime + .125%
• 90% LTV for Qualifying Property Types
• 30-year Terms Available
 
 
 
 
Q. What types of property will Bayview Financial consider?

A. Our exclusive pricing matrix is geared toward multi-tenanted
income producing property focusing on the following property types:
    • Multifamily (5+ Units)
    • Mixed Use
    • Office
    • Retail
    • Warehouse
    • Self-storage
    • Light Industrial
    • Bed & Breakfast
    • Mobile Home Parks (<25% RV)
 
 
 
Q. Will Bayview consider gas stations, churches, or restaurants?
 
A. No, these property types do not meet Bayview’s current guidelines.
 

 
 
Q. What about land, development, new construction and rehabilitation loans?
 
A. No, Bayview Financial does not evaluate such loans.
 
 
 
 
Q. What timing can the borrower expect?
 
A. Upon receipt of a signed letter of intent, expense deposit, and all underwriting documentation, the loan should fund within 30-45 days. We are flexible to your needs, however, and have closed transactions in fewer than two weeks. Please relay any time constraints to your Commercial Lending representative.
 
 
 
 
 
Q. Who handles the appraisal process?
 

A. We shop the appraisal with our network of appraisers throughout the country. Because of the volume of appraisal assignments ordered by Bayview Financial, we are able to command favorable pricing and turnaround times. Once we receive the estimated appraisal and processing fees, we will engage the appraiser. The appraisal generally takes 3 to 4 weeks to complete. The loan should close shortly thereafter.
 
 
 
 

Q. Will Bayview accept an existing appraisal?
 

A. Possibly. If the appraisal was completed within the last six months, we encourage you to send it in for review. We try to keep borrower costs to a minimum and we generally will accept a current appraisal of good quality.
 
  

 
Q. Does Bayview originate second mortgages?

A. We only offer first mortgage products for commercial properties.

We’re here to assist you with every step of the commercial lending process. Please feel free to contact us toll free at (800) 457-5104 or email us at commloans@bayviewfinancial.com with any questions or concerns. We look forward to serving your commercial lending needs!