Washington State Commercial Lending Lender

National Commercial Real Estate Lending
ALL U.S. & OUR HOME CITIES SEATTLE BELLEVUE & TACOMA
DIRECT (206) 919-7756 - FAX (425) 227-8854
"projects closed everyday that banks turned away"

Commercial Mezzanine Lending

  Commercial Real Estate LendingMezzanine Financing- This is a type of loan secured by a mortgage or trust deed in which the loan (lien) is considered junior or secondary to another mortgage or trust deed. Borrowers may request these loans because they already possess a favorable first mortgage on their property and they don’t want to refinance or lose the favorable first mortgage terms. Thus a mezzanine loan is supplemental financing which is typically offered at a higher rate and for a shorter term. Mezzanine financing can be very costly due to the risk that the lender is taking on.