Office Condo Loans
Stop paying your landlord’s mortgage. Own your office.
A bank gives you an answer. As your loan broker, I give you options.
Your business has rented long enough, and the condo down the hall would build your equity instead of someone else’s. I’m Kevin Kermeen, and I place office condo loans for business owners and investors nationwide. Whether you need office condo financing for an investment unit, owner-user office loans for the space your business runs in, or medical office condo loans for a practice, I take one complete file to 200+ capital partners. Don’t Beg the Bank!
Call Kevin 7 days a week (Arizona Time).
- Professional and medical office condos
- Owner-user or investor
- SBA 504 and conventional options
- Minimum loan $150,000
Office Condo Loans for Real Situations
If one of these sounds like your week, you are not the only one. Here is how I work each problem when you need office condo loans.
Your lease is up and the rent is jumping
Your landlord sent the renewal and the new rent made your stomach drop. A condo in the next building is for sale.
Your practice wants to own its space
You’ve built your practice in leased space and want to stop renting. The bank wants every return and statement before it will even give you a number.
You own a leased condo and want to refinance
The tenant pays on time, but your loan is maturing and the bank wants to move on.
Banks hand out umbrellas when the sun is shining, not when you are weathering the storm.
Call Kevin 7 days a week (Arizona Time).
How Owners and Investors Use Office Condo Loans
Most people look for office condo loans when something has changed: a purchase, a maturing note, a project that needs capital or equity they want to put to work. Here is what each situation usually needs.
Owner-user office loans
Owner-user office loans look at the condo and the business. Owning can replace rent with a payment that builds your equity.
Medical office condo loans
Medical office condo loans consider the practice and the build-out. Capital partners often like stable medical tenants.
Office condo financing for investors
Office condo financing for a leased unit is sized on the lease, the tenant and the association.
SBA 504 for owner-users
For a business that occupies the condo, the SBA 504 program can provide long-term fixed-rate financing. I’ll tell you when it fits and when conventional is better.
Whatever the reason, the best office condo loans are the ones that fit your plan for the property. A loan that looks cheap on paper can cost more if the term, the prepayment rules or the reserves do not match what you are trying to do. I start with your goal, then shop the options that match it.
What Capital Partners Look At on Office Condo Loans
Every capital partner has its own guidelines, but most loans like these are reviewed on the same core questions. Knowing them before you apply saves time and surprises.
- The association: budget, reserves and rules
- Your business: revenue and cash flow for owner-users
- Lease and tenant: for investor units
- Value: comparable condo sales
- Your cash in the deal: down payment and reserves
- Use: general or medical office
- Credit and history: personal credit, plus any past bankruptcy, foreclosure or default
- The paper trail: leases, operating statements and title
If one of these is weak, it does not automatically end the deal. It changes which capital partners fit. That is the work I do on every file before your file goes out.
My Process for Office Condo Loans
- You call or click. Call Kevin 7 days a week (Arizona Time) at (480) 915-8690, or start the application. Tell me the real story of the deal, including the parts that worry you.
- You apply once. The commercial real estate loan application takes about five minutes, and estimates are fine. After you submit, you can upload documents to a secure link.
- I review the file personally. I look for what a capital partner will question and fix the story before it goes out.
- I match the deal. I take your request for financing to the capital partners in my 200+ network whose guidelines fit your property, purpose and profile.
- You compare terms. I walk you through each option in plain English, including costs and conditions.
- I stay with you to closing. I stay on the file through appraisal, underwriting and closing, so you are not left chasing updates.
Call Kevin 7 days a week (Arizona Time).
Gather these first
To get a quote, capital partners usually want a mortgage statement or the purchase contract, the rent roll and leases if there are tenants, 12 months of operating history, photos of the property, a personal financial statement, a schedule of real estate owned and two months of bank statements. Don’t have everything yet? Start your application anyway. You can send the rest later.
Why Use a Broker for Office Condo Loans
A bank can only offer its own loan. A broker can compare many. I am a nationwide commercial loan broker, not a lender, and I work for you. My job is to know which capital partners are lending on office condo loans right now, and to present your deal so it gets a fair look. Don’t Beg the Bank!
“Kevin works for you, not the lender. Having your full financial picture up front lets him match you with the capital partners that fit your situation best, out of 200+, so you don’t have to apply over and over.”
- Need $150,000 or more
- Have a property, a contract or a real project
- Can share income, expenses and your financial picture
- Want options, not a single take-it-or-leave-it offer
- Need less than $150,000
- Are buying a primary residence
- Want a promise of approval before anyone sees the file
- Are not ready to share documents
Just Funded: Real Commercial Real Estate Deals
Want proof? These are real deals from my Just Funded posts. Read the full story behind each one.
Call Kevin 7 days a week (Arizona Time).
Office Condo Loans FAQ
What are office condo loans?
Office condo loans finance the purchase or refinance of an individual office unit within a condominium building, owner-user or investor.
Can I use SBA 504 for office condo financing?
Often, yes, when your business occupies the condo. The SBA 504 program offers long-term, fixed-rate financing for owner-occupied real estate. Eligibility depends on your business and the deal.
Do owner-user office loans look at my business?
Yes. Owner-user office loans review both the property and the business that occupies it.
Are medical office condo loans different?
Medical office condo loans consider the practice, specialized build-out and the association, and some capital partners prefer medical users.
What is the minimum for office condo loans through you?
The minimum loan is $150,000. Loans can go up to $100 million depending on the property, the deal and your file.
Is approval certain if I apply?
No. Every file is subject to credit approval, and rates and terms depend on the property, the deal and your file. What I can promise is a personal review and a straight answer.
Do you work in every state?
Yes, I work nationwide in all 50 states. Call Kevin (480) 915-8690 to discuss your situation, 7 days a week (Arizona Time).
Other Commercial Real Estate Loans
Need a different property type? See all commercial real estate loans, or pick a program below.
Ready to Talk About Your Office Condo Loans?
A bank gives you an answer. As your loan broker, I give you options.
Tell me what the bank would not hear. I review every file personally. Call Kevin 7 days a week (Arizona Time). Don’t Beg the Bank!
Call Kevin 7 days a week (Arizona Time).
Subject to credit approval. Terms vary. This is not a commitment to lend.