Joseph Velez, Esq.
Self Storage Lending Specialist
480.946.2200 ext. 116
Call Today to Be Pre-Approved!
Self Storage Loan Size
$100,000 up to $1.5 million.
Self Storage Loan Rates
Pricing based on property type, LTV and amortization.
Property Types
Self Storage, automotive, mixed use, light industrial, apartment complexes
Credit
As low as 580+ credit scores for primary borrower or primary guarantor.
Timing
48 hours pre-approvals; 30-45 day closings.
Self Storage Loan-to-Value
Loans up to 95% of property value.
Self Storage Loan Purpose
Rate/term refinance, cash-out refinance or acquisition.
Prepayment Fees
Programs available with or without prepayment penalties.
Occupancy
Owner occupied or investor properties are acceptable.
Self Storage Loan Types
Adjustable and Fixed term available.
Guarantee
Personal guarantees are mandatory for all eligible borrowers including individuals, corporations, partnerships, LPs, LLCs and certain trusts.
Self Storage Lending Terms
15, 20 and 30-year fully amortizing loans are available on all property types.
Escrows
Tax escrows are required. Insurance escrows may be required (Depending on the program).
Other Self Storage Lending Attributes
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• No tax returns required
• No income verification
• Unrestricted cash-out
• Several affordable payment options
• Automatic payment options – no more writing checks
Serving Phoenix, Scottsdale, AZ and surrounding areas including Tucson, Mesa, Tempe, Chandler, Peoria, glendale, and Avondale.
Serving The Southwest: Arizona, including Phoenix, Tucson, Scottsdale, Mesa, Tempe, Peoria, Chandler, Etc.
MB# 0908752