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Purpose | Purchase/Cash-Out/Refinance |
Loan Sizes | $100K - $2MM |
Terms | 5-Year ARM 30-Year Fixed |
Amortization | 15, 25, 30 |
Max LTV | Purchase: 80% Refinance: 75% |
Min FICO | 650 |
Min DSCR | Investor: 1.15x Owner-Occupied: 1.2x Global |
Stabilization | 75% occupancy required over a 90-day trailing UW period* |
UW Method | Investor: Property DSCR Owner-Occupied: Global DSCR |
Documentation | 2 years personal and business tax returns |
Eligible Properties | Tier I: Multifamily, Mixed-Use (primary res) Tier II: Retail, Mixed-Use (primary comm), Warehouse/Self-Storage, Office, Light Industrial, Automotive, Mobile Home Park, Restaurants, Bars, and Daycare Centers |
Pre-Payment Penalty | 5% for 10, 7, 5, or 3 years | Declining 5%, 4%, 3%, 2%, 1% |
*Debt service requirement is based on borrower’s FICO score and may be higher than figures shown.
**Not applicable if property is purchased as a new space or expansion.
Note: Underwriting guidelines have changed to reflect today’s environment. Contact your Regional Manager today to learn how we are approving loans in 2020.
Buy Downs | 0.25% = 1 point cost |
Caps/Floors | WSJ Prime Index plus margin on note date Initial Reset and Annual Adjustment Cap: 2% Life Cap: Initial rate +6% Life Floor: Initial rate |
Broker Compensation | Origination: Up to 3 points YSP (Rate/Margin increase 0.375%): 2 points |
Why do Brokers Choose Silver Hill Funding?
Top 5 Reasons
Case Study
Closed Loan in Sacramento, California
Self-Storage | $1,584,000
PROBLEM
An investor in California wanted to refinance their commercial mortgage but was unable to get the cash-out they needed from their current lender.
SOLUTION
Silver Hill Funding provided a more flexible alternative solution that made it possible for the borrower to obtain the full cash-out amount.

Success Stories
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