90% ltv commercial refinance?

[Sam Burnoski]

Are there any lenders out there that would refinance up to this ltv? Property in question is a mixed use investment property, not owner-occupied. Good credit score. Old property. High cap rate.

[Ken Jernigan]

@John Wijtenburg just to clarify--SBA requires owner-occupancy to at least 51% of square footage of building. Also they won't do anything with a residential component unless it is incidental to the operation of the business, like an apartment for an on-site manager for a hotel. In some cases, you can get 90% leverage on CRE.