Vanderbilt Commercial Lending is a direct lender of commercial real estate loans. All properties are considered on a case by case basis. Rates will vary with property, deal size, and terms. Vanderbilt will also consider bank discount refi's. Vanderbilt is a licensed lender licensed by the State of California. Construction - Refinance - Purchase: Motels/Hotels, Apartments/Condo's, Retail, Office/Warehouse, Industrial, Mixed Use, Assisted Living/Medical, Self Storage, Manufactured Housing/Mobile Home Parks, Golf Courses. Loan Terms of 5, 7, 10 years depending on deal and property type; Interest Only Loans or 25 year amortization due in 10; Debt Service Coverage Minimum of 1.25 except for Hotels at Minimum of 1.50; Loan to Value Ratios up to 85%.