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.
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.
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.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
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."
