Commercial Real Estate

Once a prospective borrower has provided all of the necessary information it typically takes between 30 and 45 days to be notified of whether the loan has been approved.

Materials and information needed for a loan application includes the following: Personal and business tax returns for recent years; an updated personal financial statement; Pro-Forma; rent roll and information regarding the property involved. Your Sunwest Bank relationship manager will make you aware of all other required materials and documents.

In general, we make loans of up to $20,000,000 to qualified and approved borrowers with up to 75% loan-to-cost depending on the property type.

Contact a Sunwest Bank relationship manager today to discuss and discover how we can help you achieve your business goals. The CRE loan process tends to move smoother when business owners can provide relevant bank statements, financial records, tax records and a business plan, among other things. We have been in business since 1969 and partnered on almost every kind of commercial real estate loan, so we are here to take the guesswork out of this process. We are here to answer all of your questions and empower entrepreneurs like you to grow their business to higher levels.

The approval process for a commercial real estate loan can take several weeks or even months. This timeline may vary depending on the complexity of your project and the type of loan. The CRE loan process tends to move smoother when business owners can provide relevant bank statements, financial records, tax records, a business plan, and other relevant documents.

The down payment required for a commercial real estate loan can vary depending on the lender and the type of loan. Generally, you’ll need to provide a down payment of at least 20% of the property’s value.