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Commercial Real Estate Loans for Marinas

If you currently own a marina or are looking to purchase a marina, yacht or other similar property type, Crefcoa can provide highly competitive and flexible financing options for acquisitions or refinances. Crefcoa offers marina loans and marina financing for properties located in the United States with commercial mortgages starting at $1,000,000.

 

Crefcoa offers marina commercial loans for borrowers able to document income as well as borrowers requiring limited or stated income options.

 

Marina Loans - Marina Commercial Loan Programs -

 

For borrowers able to document historical income, Crefcoa offers highly competitive marina financing under its conventional marina loan program.

 

  • Minimum Marina Loan Size is $1,000,000
  • Loan Collateralized by Commercial Real Estate - No Business Only Financing
  • Acquisition or Refinance of Stabilized
    Marina Properties
  • Bank, SBA, and conventional financing available
  • 3, 5, 7, 10 Year Fixed Rates
  • 15, 20, 25, & 30 Year Amortizations
  • Flexible Prepay Options
  • 55%-75% LTV
  • Minimum 660 Credit Score
  • 3 Years of Historical Income Req.
  • Low Minimum 1.40 DSCR

 

Stated Income Marina Loans

 

Crefcoa provides stated income marina loans for loan sizes starting at a minimum of $100,000 with a maximum loan size of $1 million - program temporarily unavailable.

 

Commercial Mortgage Broker Marina Loan Program

 

Crefcoa's marina loan program will only work with broker requests on a referral and case by case basis only.

 

Learn more about Crefcoa's marina commercial loans by requesting a quote online, or contact a Crefcoa commercial mortgage specialist at 1-844-359-6413.

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Commercial real estate loan availability -- including LTV, DSCR, and loan size -- may vary depending on property location, economic conditions, exposure, and other variables that may negatively influence risk. Loan programs and program guidelines (including, without limit, fees, rates and features) are subject to change. Information provided is not an offer to make a loan and should be used for informational purposes only.
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