Program 05 · Commercial · New Program
Commercial loans from $500K to $5M.
Hundreds of billions in commercial debt matures over 2026 and 2027, and banks are cutting how much they'll refinance. Versara fills the gap: $500K to $5M for multifamily, mixed-use, and small-balance commercial owners who need time to stabilize, lease up, or sell.
Business-purpose loans to entities secured by non-owner-occupied commercial real property only. Pricing determined deal-by-deal, subject to underwriting. Terms vary by asset and state. BK #0944451.
01 · Program facts
Program guidelines
Versara lends $500K to $5M on multifamily, mixed-use, and small-balance commercial property. What follows is the current guideline sheet for this program.
Versara Term Sheet
- Loan size:
- $500K–$5M
- Asset types:
- Multifamily (5+ units), mixed-use, small-balance commercial
- Term:
- 12–24 months
- Pricing:
- Deal-by-deal, call or create a loan request for a quote
- Soft quote:
- 24–48 hours
- Borrower:
- Business entities (LLC, corporation, partnership), non-owner-occupied only
- Broker compensation:
- Lender-paid, broker protection honored
Terms, rates, and fees are subject to change without notice and are not a commitment to lend. All loans are for business or investment purposes only, subject to underwriting approval and executed documentation. Rates and terms vary by deal and state.
02 · How much we lend
Maximum leverage
| Scenario | Max LTP | Max LTC | Max LTARV | Max LTP Multifamily | Max LTP Commercial | Max LTV 1st Lien Multifamily | Max LTV 1st Lien Commercial |
|---|---|---|---|---|---|---|---|
| Commercial Value-Add | 80% | 100% | 80% | — | — | — | — |
| Multifamily Value-Add | 80% | 100% | — | — | — | — | — |
| Purchase Short-Term (no Value-Add) | — | — | — | 80% | 80% | — | — |
| Refinance Short-Term (no Cash Out) | — | — | — | — | — | 70% | 70% |
Scroll the table sideways to see every column.
03 · Fit check
Which deals we fund
Common Loan Scenarios
- Investor purchasing a single-family property to renovate and resell
- Investor acquiring a residential property that requires repairs or renovation
- Investor needing bridge financing for a time-sensitive real estate acquisition
- Property owner completing a cash-out refinance to access equity for business purposes
- Business-purpose borrower seeking a second mortgage behind an existing first mortgage
- Investor purchasing or refinancing a mobile or manufactured home
- Investor financing an investment property in a rural or remote Arizona market
- Borrower with a low credit score seeking asset-based real estate financing
Scenarios Not Considered
- Purchasing a property with no money down
- 100% financing
- Consumer-purpose loans
- Ground-up construction loans
- Consumer-purpose residential loans
- Owner-occupied home purchase financing
04 · What it costs
Fees
- Processing Fee:
- Our origination, processing, underwriting and doc fees combined are almost always under 1% of the loan amount for a regular fix and flip loan.
- Escrow Fee:
- normal escrow and title fees when you purchase a property or do a refinance
- Title Fee:
- normal escrow and title fees when you purchase a property or do a refinance
Additional details
While our fee is typically $995 to $1,995 for senior (1st lien) loans, it can be higher in some cases. The minimum fee for 2nd mortgages is $5,000.
Last updated: September 14, 2026
Before you apply.
All FAQsWhat kind of commercial loans does Versara make?
Short-term capital secured by commercial real estate. It lets an owner refinance a maturing loan, stabilize a property, or position it for sale, without waiting on permanent bank financing that may offer smaller loans than before.
What assets qualify for Versara?
Versara funds multifamily properties with five or more units, mixed-use buildings, and small-balance commercial assets, from $500,000 to $5,000,000, with 12 to 24 month terms.
How fast is a soft quote?
Soft quotes come in 24 to 48 hours. Pricing is set deal-by-deal based on the asset, the borrower, and the exit plan, so there's no published rate. Call or apply to get numbers on your deal.
Do you pay broker compensation?
Yes. Versara is broker-friendly. Compensation is lender-paid, and broker protection means your client stays your client throughout the deal.
Commercial financing in five states.
Versara
Rental & Buy-and-Hold
Longer-term financing qualified on the asset and its cash flow.
Explore →
Versara
Private Money Loans
Flexible asset-based financing for deals that don't fit a conventional box.
Explore →
Versara
Fix & Flip Loans
Purchase and rehab financing in one loan for investors who move fast.
Explore →
Ready when you are
Get your soft quote in 24 to 48 hours.
Tell us the asset and the plan. We review it the same day, and you'll have a decision within 24 to 48 hours.
funded for real estate investors across five states. Versara extends that track record to commercial.
40+years combined lending and real estate experience on the underwriting team.