Commercial
Self-Storage Facility Loan
Unlock the potential of the self-storage market with CMRE's Self-Storage Facility Loan program. Secure financing for your acquisition or refinance needs with competitive rates starting at 8.5% and flexible terms tailored to your business goals. We provide the capital you need to grow your self-storage portfolio.
Key Facts About Self-Storage Facility Loan
CMRE Self-Storage Facility Loan ranges from $250,000 to $50,000,000.
CMRE offers commercial bank statement programs for Self-Storage Facility Loan.
CMRE Self-Storage Facility Loan closes in LLC, corporation, or trust names.
CMRE commercial lending covers office, retail, industrial, and multifamily.
CMRE Self-Storage Facility Loan ranges $250K to $50M.
CMRE commercial bank statement programs for Self-Storage Facility Loan.
CMRE Self-Storage Facility Loan closes in LLC/Corp/Trust.
CMRE commercial covers office, retail, industrial, multifamily.
Program Benefits
Competitive interest rates starting at 8.5% for qualified borrowers.
Financing available for acquisition, refinance, and expansion projects.
Loan amounts tailored to your project needs.
Flexible loan terms to match your investment strategy.
Expert guidance throughout the loan process from experienced commercial lenders.
Opportunity to capitalize on the growing demand for self-storage solutions.
Program Highlights
Max LTV
75%
Min Credit Score
640
Max DTI
55%
Loan Amount Range
$500K - $10M+
Amortization Options
Eligible Properties
- Standard Self-Storage Facilities
- Climate-Controlled Storage
- Mixed-Use Storage
- Mobile Storage
Program Requirements
Income Documentation
- •Demonstrable history of successful business operation or real estate investment.
- •Clear business plan outlining revenue projections for the self-storage facility.
- •Sufficient debt service coverage ratio (DSCR) to support loan repayment.
Asset Verification
- •Clear title and appraisal of the self-storage facility property.
- •Sufficient equity or down payment to meet loan-to-value (LTV) requirements.
- •Liquidity to cover operating expenses and potential vacancies.
Insurance & Title
- •Comprehensive property insurance covering fire, flood, and other potential hazards.
- •Liability insurance to protect against customer claims.
- •Business interruption insurance to cover lost revenue during unforeseen events.
Property Requirements
- •Minimum FICO score of 640.
- •Strong credit history with no recent bankruptcies or foreclosures.
- •Demonstrated ability to manage and repay debt responsibly.
- •Acceptable credit report with minimal derogatory marks.
Complete Guide to Self-Storage Facility Loans
What Is Self-Storage Facility Loan?
The self-storage industry has experienced significant growth in recent years, driven by factors such as increasing population density, downsizing trends, and the growing popularity of online shopping. Understanding these market dynamics is crucial for making informed investment decisions. Evaluate local demand, competition, and demographic trends to identify promising self-storage opportunities.
Qualifying for Self-Storage Facility 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.
Self-Storage Facility 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 Self-Storage Facility 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
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Application 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
Frequently Asked Questions
Our self-storage facility loans can be used for a variety of purposes, including purchasing an existing self-storage business, refinancing an existing loan, constructing a new facility, or expanding an existing one.
Loan terms vary depending on the lender and the specific loan program. However, typical loan terms range from 5 to 10 years, with amortization schedules of up to 25 years. We offer flexible options to meet your individual needs.
Contact our commercial lending team to discuss your project and financial situation. We will guide you through the application process and help you gather the necessary documentation, including financial statements, property appraisals, and business plans.
CMRE Self-Storage Facility 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.
30-60 days depending on complexity. SBA: 45-90 days.
Self-Storage Facility Loan by Location
Get local rates, loan limits, and market data for Self-Storage Facility Loan in your area.
CA
CO
GA
ID
IL
MI
NJ
NY
OH
OR
VA
WA
View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →TESTIMONIALS
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."
