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Referral Partners

FAQs regarding our Referral Program

We strive to make our Referral Program as simple as possible. If something is unclear, however, we hope these Q&As provide the details you’re looking for. If you have additional questions, please contact us directly via the button below.

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Is Commonwealth a broker or a direct lender?

Commonwealth is a direct, balance sheet lender. We hold the loans on our own balance sheet and service them for the life of the loan.

How quickly can you close a loan?

We will require an appraisal and title commitment prior to closing. We can close in as little as 5 days if these reports are already completed.

Do you charge prepayment penalties?

We do not have a prepayment penalty. The borrower is welcome to pay off the loan in full at any time, with no additional fee.

Do you allow secondary financing or seller-held notes?

We do allow seller-held notes and secondary financing. We usually require 20% down, however, on a case by case basis, this can be reduced or eliminated.

What is the minimum credit score you require for a loan?

We do not have a minimum credit score but we will want to understand the reasons behind any credit issues.

What type of properties do you lend on?

Almost all property types, including Single Family Homes, Multifamily, Office, Retail, Industrial, Bars/Restaurants, Funeral Homes, Gas Stations, Dry Cleaners, Self Storage, Mixed Use, Daycares, Hotel/Motel, Warehouse, Special Use, Agriculture, and Auto Repair.

Are there any property types you won't consider?

Land - send us all the rest!

Our loan review process is simple.

To get started, all we need is the property address and a brief summary of the transaction – or you can simply fill out an application online. Your submission will be reviewed by our underwriting team within 24 hours. We will respond with requests for any additional documents and information needed to issue a term sheet. We feel there is no substitute for a face-to-face meeting in business – we meet all of our borrowers in person and conduct site visits of the real estate collateral. Loans typically close in a few weeks but, on a case-by-case basis, can be funded in as little as three days.

Membership and Associations

Commonwealth Capital holds memberships in several of the top loan industry associations.

Have other questions?


We’d be more than happy to talk with you and answer any questions you may have. We are sure you will quickly realize the many advantages of working with the Commonwealth Capital team.


Simply complete the form to right and we will be in touch with you shortly.

We’re here to listen to your story.
Contact us today.