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Commercial Mortgage
Bank of China - New York offers commercial mortgages with optional terms subject to your financial resources and investment plans. Detailed programs are as follows:
Commercial Property Mortgage Program is designed to help customers meet their financing needs and goals.
| Loan Size: |
$1,000,000 to $50,000,000 |
| Property Type: |
Multi-family, office, retail, industrial, warehouse, hotel and other commercial properties |
| Term: |
Up to 84 months |
| Loan to Value: |
Up to 50% for hotel; up to 75% for others |
| Debt Service Coverage: |
Minimum of 1.25x |
| Closing Process: |
Typically within 30-60 days from receipt of a complete application from borrowers |
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