Commercial
Medical Practice Loan in Coral Gables, FL
What is a Medical Practice Loan? Medical Practice Loan is a specialized mortgage solution offered by CMRE for real estate financing. This program provides tailored terms, flexible underwriting, and expedited closing timelines to meet the unique needs of property buyers and investors in Coral Gables, FL.
Coral Gables homebuyers trust Custom Mortgage for their Medical Practice Loan needs. With deep knowledge of the local market, from undefined to undefined, we provide tailored solutions with rates as low as 8.5%.
Key Facts About Medical Practice Loan
CMRE Medical Practice Loan ranges from $250,000 to $50,000,000.
CMRE offers commercial bank statement programs for Medical Practice Loan.
CMRE Medical Practice Loan closes in LLC, corporation, or trust names.
CMRE commercial lending covers office, retail, industrial, and multifamily.
CMRE Medical Practice Loan ranges $250K to $50M.
CMRE commercial bank statement programs for Medical Practice Loan.
CMRE Medical Practice Loan closes in LLC/Corp/Trust.
CMRE commercial covers office, retail, industrial, multifamily.
Program Benefits
Competitive interest rates starting at 8.5% to optimize your financial resources.
Flexible loan terms designed to align with your practice's cash flow and long-term goals.
Financing available for a wide range of needs, including equipment purchases, office renovations, and working capital.
Streamlined application process for a faster and more efficient loan approval.
Expert guidance from our experienced team of commercial loan specialists.
Opportunity to build equity in your practice through strategic investments.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
55%
Loan Amount Range
$100K - $5M
Amortization Options
Eligible Properties
- Medical Office Buildings
- Dental Offices
- Veterinary Clinics
- Chiropractic Offices
Program Requirements
Income Documentation
- •Demonstrated history of stable and sufficient practice income.
- •Detailed financial statements, including profit and loss statements and balance sheets.
- •Tax returns for the past two to three years.
- •Projections for future income growth and profitability.
Asset Verification
- •List of all practice assets, including equipment, real estate, and cash reserves.
- •Appraisal of any real estate owned by the practice.
- •Verification of available liquid assets for down payment and closing costs.
- •Documentation of any existing business loans or lines of credit.
Insurance & Title
- •Professional liability insurance coverage.
- •Property insurance for any owned real estate.
- •Business interruption insurance.
- •Proof of workers' compensation insurance, if applicable.
Property Requirements
- •Minimum FICO score of 640.
- •Review of personal and business credit history.
- •Assessment of any past bankruptcies or foreclosures.
- •Evaluation of debt-to-income ratio to ensure affordability.
Medical Practice Loan in Coral Gables: The Complete Guide
What Is Medical Practice Loan?
Medical practice loans are specialized financing solutions designed to meet the unique needs of healthcare professionals. These loans can be used for various purposes, including purchasing or renovating office space, acquiring new equipment, consolidating debt, or providing working capital. Understanding the different types of medical practice loans available is crucial for making informed decisions that align with your practice's goals.
Qualifying for Medical Practice Loan
- •Underwritten on property income (DSCR) and borrower financial strength.
- •Typical DSCR requirement: 1.20x-1.25x (NOI / debt service).
- •2+ years business experience, adequate liquidity, acceptable credit.
- •CMRE commercial bank statement programs: qualify with 12-24 months statements instead of tax returns.
- •SBA programs (7(a), 504, Express) available for owner-occupied commercial with as low as 10% down.
Medical Practice Loan vs. Residential Lending
- •Commercial: underwritten on property cash flow. Residential: on borrower income.
- •Commercial terms: 5-10 year terms with 25-30 year amortization.
- •Commercial allows LLC/Corp entity vesting for asset protection.
- •CMRE offers both — our team determines the best structure for your situation.
Apply for Medical Practice Loan with CMRE
- •Step 1: Submit property details — type, location, price, NOI, business plan.
- •Step 2: CMRE provides preliminary terms within 48 hours.
- •Step 3: Application with financial statements, rent rolls, entity docs.
- •Step 4: Appraisal and environmental assessment.
- •Step 5: Underwriting in 2-4 weeks. Closing in 30-60 days.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
Est. Monthly Payment in Miami-Dade County
$2,686/mo
Based on $560,000 median · 20% down · P&I only
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Est. Monthly Payment in Miami-Dade County
$3,644/mo
Based on $560,000 median · 20% down · P&I only
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Live Market Data: Miami-Dade County
Source: Redfin · 2026-01-31Median Sale Price
$560,000
Median List Price
$580,000
Price / Sq Ft
$388.636
Days on Market
99
Active Listings
16,599
Homes Sold
1,504
Sale-to-List Ratio
94.6%
2025 Conforming Loan Limits: MIAMI-DADE
1-Unit (SFR)
$806,500
2-Unit (Duplex)
$1,032,320
3-Unit (Triplex)
$1,247,655
4-Unit (Fourplex)
$1,550,899
Source: FHFA 2025 Conforming Loan Limits. Loans above these limits require jumbo financing.
Medical Practice Loan in Coral Gables, FL
Miami-Dade County occupies a unique position among all the markets we serve: it operates on global capital flows as much as local economics. The median sale price of $560,000 is up 0.9% year-over-year despite 16,599 active listings and a 99-day median days on market — a combination that would produce steeper declines in any other market. The explanation is international demand. Miami's identity as a Western Hemisphere financial hub insulates it from domestic rate sensitivity in ways that Phoenix, Atlanta, or Houston cannot replicate.
The 94.6% sale-to-list ratio reflects a market where buyers have leverage — particularly in the condo segment — but where well-located single-family homes and townhomes continue to attract competition from cash-heavy international buyers. The $806,500 conforming limit is a meaningful threshold here; a significant share of Miami-Dade transactions occur above it, making our jumbo and non-QM product lines essential tools. Foreign national financing and ITIN loan programs are high-volume categories at our Miami operations.
Miami-Dade's borrower profile is the most international of any market we serve. Brazilian, Venezuelan, Colombian, and European buyers represent a significant share of purchase volume. ITIN loans, foreign national programs, and non-QM bank statement financing are essential products for this population. Domestic buyers tend to be high-earning professionals in finance, healthcare, real estate, and the arts. Self-employment and complex income structures are the rule rather than the exception in Miami, requiring sophisticated underwriting approaches.
Pre-qualify for non-QM or foreign national programs before shopping — Miami's international buyer pool pays cash or uses specialized financing, so conventional pre-approvals alone won't make you competitive.
Service Areas & Neighborhoods
Our Coral Gables Presence
Local Knowledge. Global Rates.
200 S Biscayne Blvd
Miami, FL 33131
Direct Line
877-976-5669Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Get Matched in 60 Seconds
Our AI Instant Advisor analyzes your situation — credit, loan amount, property type — and matches you to the right program. No credit pull. No obligation.
Get Your Numbers
Quick quote or detailed payment estimate — no credit pull
Quote Wizard
AI-Powered Rate Intelligence
Step 1: Loan Foundation
Mortgage Estimator
Principal & Interest Only
Common Questions About Medical Practice Loan in Coral Gables
Medical practice loans can be used for a variety of purposes, including purchasing or renovating office space, acquiring new equipment, consolidating debt, providing working capital, and funding expansions.
Interest rates for medical practice loans vary depending on factors such as credit score, loan amount, and market conditions. CMRE offers competitive rates starting at 8.5%.
The maximum loan amount available for a medical practice loan depends on your practice's financial situation and the lender's policies. CMRE offers loan amounts ranging from $100,000 to $5,000,000.
Loan terms for medical practice loans typically range from 5 to 15 years. CMRE offers a variety of loan term options to meet your specific needs.
CMRE Medical Practice Loan starts at $250,000. SBA may start lower. Max depends on property type — up to $50M.
Yes. Entity vesting is standard for commercial. Personal guarantee typically required.
Yes. CMRE commercial bank statement programs use 12-24 months statements instead of tax returns.
Typically 5-10 year terms with 25-30 year amortization. CMRE structures terms based on cash flow and exit strategy.
The current national 30-year fixed rate is 6.00% (Freddie Mac PMMS). Medical Practice Loan rates in Coral Gables vary by loan amount, LTV, and credit profile — CMRE provides locked quotes within 24 hours of application.
CMRE typically closes Medical Practice Loan loans in Coral Gables within 21-30 days from application. The Miami-Dade County market has seen home prices rise 0.9% year-over-year — having a fully underwritten approval before you write an offer is critical in this competitive environment. Our FL-licensed team coordinates title, escrow, and appraisal concurrently to minimize time-to-close.
CMRE finances office, retail, industrial, multifamily, mixed-use, and special-purpose properties in Coral Gables and throughout Miami-Dade County. Loan amounts range from $500K to $50M with 5-10 year fixed-rate terms.
Yes. CMRE is an SBA Preferred Lender in Coral Gables. We offer SBA 7(a), 504, and Express loans for Miami-Dade County business owners purchasing or refinancing commercial real estate.
Medical Practice Loan by Location
Get local rates, loan limits, and market data for Medical Practice Loan in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
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Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
