# Demo CRE permanent loan 3

Loan program offered by **Demo Sterling Community Bank**. Listing last updated 2026-10-01.

| Criterion | Published by the lender |
|---|---|
| Financing category | Commercial real estate |
| Loan type | Permanent |
| Loan uses you finance | Construction, Renovation, Bridge |
| Minimum loan | $1,190,000 |
| Maximum loan | $59,500,000 |
| Lowest indicative rate (%) | 5.87% |
| Highest indicative rate (%) | 11.4% |
| Rate type | Fixed |
| Minimum term (months) | 60 |
| Maximum term (months) | 120 |
| Amortization (months) | 300 |
| Prepayment terms | Yield maintenance or step-down |
| Maximum LTV (%) | 70% |
| Recourse | Non-recourse |
| Estimated days to close | 64 |
| We lend nationwide | No |
| States served | New York, Ohio, Minnesota |
| Property types financed | Office, Construction Project |
| Minimum DSCR | 1.25 |

Rates and fees are lender-provided, indicative and subject to change. Criteria left blank by the lender are not applied.

How to inquire: https://lendermatrix.com/get-funding/

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Source: https://lendermatrix.com/loan-programs/demo-cre-permanent-loan-3-3/
LenderMatrix is a marketplace, not a lender. Program information is supplied by lenders and can change. A potential match is not an approval or an offer of credit.