Office Condo Loans Nationwide, $150K to $20M
π’ Own Your Office, Stop RentingI’m Kevin Kermeen, a nationwide commercial loan broker and a real business owner, not a banker. I arrange office condo loans for doctors, dentists, attorneys, accountants and agency owners who are done paying a landlord’s mortgage. With an SBA 504 loan you can own your suite for as little as 10% down on a 25-year fixed, and I know how to get it closed fast.
$1.3M Medical Office Condo, 10% Down, Funded While the Practice Kept Growing
A dental practice had outgrown its leased suite and was tired of rent that climbed every year with nothing to show for it. They wanted to buy a $1.3M office condo in the same medical complex, but their bank wanted 25% down and a balloon in five years.
They called me. I structured it as an SBA 504 office condo loan at 10% down on a 25-year fixed, which freed up the cash they would have sunk into a bigger down payment and gave them a payment that never balloons.
That is the difference between one rigid bank box and a 75-lender network. Don’t Beg the Bank! Get funded instead.
Office Condo Loans Turn Rent Into Equity
Every month you lease, you pay down your landlord’s mortgage and build their equity, not yours. Office condo loans flip that. You own your suite, your payment builds your net worth, and with an SBA 504 you can do it for about the same out of pocket as a security deposit and rising rent. Here is the honest comparison.
π΄ Keep Leasing
- βRent climbs every renewal, with no cap you control.
- βZero equity … every payment builds your landlord’s wealth.
- βYou can be forced to move when the lease ends.
- βNo fixed-cost certainty for your largest overhead line.
- βNo asset to sell or pass on when you retire.
π’ Own With an Office Condo Loan
- βAs little as 10% down with an SBA 504 loan.
- βEvery payment builds your equity, not the landlord’s.
- β25-year fixed payment that never balloons.
- βControl your space and your largest fixed cost.
- βA real estate asset you can hold, lease out later or sell.
Office condos are the most owner-friendly corner of the office market. They are small, professionally used and overwhelmingly owner-occupied, which is exactly what lenders and the SBA want to fund. That is why office condo loans stayed financeable even while large office towers struggled.
Office Condo Loans for Every Owner and Buyer
From a solo practitioner buying a single suite to an investor holding a professional condo, I have the capital and the lenders to close it. Here is how I structure office condo loans across the most common scenarios.
SBA 504 Office Condo Loans
The hero structure for office condo loans. As little as 10% down, a 25-year fixed that never balloons, and rates well below a conventional balloon loan.
SBA 7a Owner-User
One loan that can roll in light improvements and some working capital. A strong fit when you want flexibility beyond just the office condo purchase.
Conventional Owner-User
For stronger-balance-sheet buyers who prefer a conventional office condo loan, typically with a larger down payment and a shorter fixed period.
Refinance and Cash-Out
Refinance a maturing or balloon office condo loan into a long-term fixed, or pull equity to fund improvements, equipment or practice growth.
Medical and Dental Condos
Medical office condos are prime owner-user collateral. I match doctors, dentists and specialists to lenders who love healthcare practice real estate.
Investor Office Condos
Buying a professional office condo to lease to a tenant. Sized conventionally on the lease, occupancy and the condo association’s financial health.
An office condo is one of many property types I finance. Explore the rest of my commercial real estate loans … full office building loans, flex building loans, retail and strip mall loans, warehouse and industrial and owner-occupied bridge. Since office condos are owner-user, an SBA 504 or 7a loan is usually the best fit. Need capital for the practice too? See my small business loans.
Tell Me About Your Office CondoOffice Condo Loan Guidelines Most Brokers Never Show You
Transparency builds trust. Below is a practical summary of the office condo loans I actually place. I am not a bank and I do not push one-size paper … I match owner-users to SBA and conventional lenders, and investors to long-term and bridge capital. Final terms depend on occupancy, your business, the condo association and lender underwriting.
| Program | Down / LTV | Typical Term | Best For |
|---|---|---|---|
| SBA 504 | As low as 10% down | 25-yr fixed | Owner-user buying their suite, no balloon |
| SBA 7a | Up to 90% financing | Up to 25 yr | Owner-user wanting added flexibility |
| Conventional Owner-User | Up to 80% LTV | 5 to 10 yr | Strong-balance-sheet buyers |
| Investor Office Condo | Up to 75% LTV | 5 to 25 yr | Leasing the condo to a tenant |
| Refinance / Cash-Out | Varies by equity | Long-term fixed | Escaping a balloon or pulling equity |
Swipe to see all columns β
SBA owner-user programs require the business to occupy at least 51% of the office condo. SBA 504 financing can reach up to 90% of project cost, so your down payment can be as low as 10%. Investor office condo loans are sized conventionally on the lease, occupancy and condo association strength. Final structure, term and pricing depend on your business, the property and lender underwriting. This is not a commitment to lend.
Term Sheet in 3 to 5 Days. Stop Renting Sooner.
Buying your office condo should not take months of bank runaround. Here is how I move your file while you keep running your practice.
Send the Deal
The condo, your business, occupancy plan, purchase or refinance and timeline. Two minutes is enough to start.
Term Sheet 3 to 5 Days
I match your office condo loans file to the SBA or conventional lender most likely to fund it at the best terms.
Underwrite and Appraise
I package your business financials, drive the appraisal and confirm the condo association is lender-friendly.
Close and Own
You stop paying rent and start building equity in a suite that is finally yours, on a payment that never balloons.
Who These Office Condo Loans Are, and Are NOT, For
I qualify deals honestly so neither of us wastes time. Owner-user office condos are the sweet spot, so I am straight with you up front. If you’re on the left, call me today.
β This IS for you ifβ¦
- βYour business will occupy at least 51% of the office condo.
- βYou’re a doctor, dentist, attorney, accountant, agency or professional owner.
- βYou’re tired of rising rent and want to build equity instead.
- βYou’re refinancing a balloon office condo loan into a long-term fixed.
- βThe deal is $150K or larger and the condo is worth $150K or more.
π« This is NOT for you ifβ¦
- βYou want pure investment financing on a condo you won’t occupy with SBA terms.
- βYou want 100% financing with no down payment and no equity.
- βThe condo association is in poor financial shape or heavily litigated.
- βYou’re “just checking rates” with no property and no business financials.
- βYou need under $150K … a smaller program fits better.
Tell Me About Your Office Condo
Sixty-second office condo loans application. I personally review every submission, no call center, no junior rep.
Got it. I’m on it.
Your office condo loans request landed in my inbox. I personally review every submission and most responses go out within one business hour.
Watch for a call from me, Kevin Kermeen, I call directly, I don’t text.
Recent Office Condo Loans From My Desk
A snapshot of the office condo loans I close. Every deal is different, yours starts with a conversation.
$1.3M Β· Dental Condo, AZ
SBA 504 owner-user purchase at 10% down on a 25-year fixed, ending years of rising rent for the practice.
$680K Β· Law Office Condo, TX
SBA 7a financing for a growing firm to buy and lightly renovate its own suite in a professional complex.
$2.1M Β· Medical Condo Refi, FL
Refinanced a balloon office condo loan into a long-term fixed and pulled equity for new equipment.
How I Structure Office Condo Loans That Actually Close
Most brokers quote a rate and disappear. I structure office condo loans around your business, your occupancy and your goals, then match the file to the lender most likely to fund it at the best terms. For an owner-user, the right structure can save you tens of thousands over the life of the loan.
Office condos are the most financeable corner of the office market for one reason: they are owner-occupied. A doctor, dentist, attorney or accountant buying the suite their own practice runs from is exactly the borrower the SBA was built for. With an SBA 504 office condo loan, a bank funds the first mortgage, a Certified Development Company funds a portion behind it, and you put down as little as 10%, ending up with a 25-year fixed that never balloons. That structure beats almost any conventional office condo loan for an owner-user.
Here is the honest difference. A bank runs your purchase through one rigid box, asks for 25% down and a five-year balloon, and calls it a day. I work a private network of SBA, conventional, long-term and bridge lenders, so your office condo loans get shopped to the program that fits your profession and your balance sheet. For most owner-users that means more cash kept in the business and a lower, fixed long-term payment.
There is one thing unique to condos I always check: the condo association. Lenders want a financially healthy association with adequate reserves, reasonable owner-occupancy in the complex and no major litigation. I confirm that early so your office condo loans do not stall at underwriting over an association issue. Every deal is built around your practice and your suite, not forced into a one-size box. If you also invest beyond your own office, I finance the full range of commercial real estate, from multi-family apartment loans to industrial and retail. Don’t Beg the Bank! Get funded instead.
Straight Answers Before You Apply
How much do I need to put down on an office condo?
Are office condo loans really still available when office is struggling?
Is SBA or conventional better for an office condo?
Can I get an office condo loan if I’m a doctor or dentist?
How fast can an office condo loan close?
What does it cost to work with you?
An Office Condo Loan Advisor Who Knows Owning Beats Renting
I’m Kevin Kermeen, the nationwide commercial loan broker behind 75BizLoans.com, and a real business owner, not a banker. I help professionals stop renting and start owning, and I review every office condo loans file personally. I’m not a bank and I don’t push one-size paper … I shop your deal across SBA, conventional, long-term and bridge lenders to find the structure that keeps the most cash in your business. SBA 504 and 7a are built for exactly this, so see the U.S. Small Business Administration 504 loan program and the U.S. Census Bureau construction spending data for independent context.
Own Your Office Instead.
Banks hand out umbrellas when the sun is shining, not when you’re weathering the storm. I fund office condo loans when you actually need it … as little as 10% down, a 25-year fixed that never balloons, term sheet in 3 to 5 days, and a same-day callback from a broker who has owned real estate himself.
Loan amounts, leverage, terms and timelines shown are typical ranges, not guarantees. *No upfront fees refers to fees payable to 75BizLoans.com; I am compensated by the lender at closing. Some partner lenders may require a commitment fee or deposit upon your acceptance of their term sheet; any such fee is the lender’s, is disclosed to you before you commit, and is separate from any compensation to me. SBA 504 and 7a office condo loans require the business to occupy at least 51% of the property and are subject to SBA eligibility; the 10% down figure reflects typical SBA 504 owner-user structure and can vary with property type, business profile and lender requirements. Investor office condo loans are sized conventionally on the lease, occupancy and condo association strength. Final structure, term and pricing depend on your business, the property and lender underwriting. This is not a commitment to lend.