Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
What is the best financing for owner occupied cre at 90 percent on 504 if 504 is still open LTV?
If you have 7(a) on the plant and 504 is still open, converting into 504 is a real path. Bank 50, CDC 40, you 10 on the 504 stack. If both 7(a) and 504 are already used, the next stack is conventional or conduit from $10 million with cash in about 35 percent. Talk to PeerSense.
Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder
7(a) to 504. Only if 504 is still open.
If you have 7(a) on the plant and 504 is still open, converting into 504 is a real path. If both are already used, that is not a second 90 percent. Talk to PeerSense.
Minimum 30-35% equity required. Operators with 7(a) on the plant and 504 still open.
Deal Parameters at a Glance
LTV Target
90 percent on 504 if 504 is still open
Est. Rate Range
Follows the book
Term
Follows the book
Recourse
Full personal guaranty
DSCR
Lender underwrites
Closing Speed
Follows the book. No 5 day close.
Min Loan Size
Search chip. 504 still open.
Loan Products
SBA 504
Indicative only, as of September 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
When Is This the Right Fit?
Use this page when a 7(a) to 504 search lands. The file works if 504 is still open. If both programs are already used, do not send it for another 90 percent.
Want the full program overview, current rate sheet, and underwriting matrix? See the SBA Loans guide →
Key Benefits
Frequently Asked Questions
See Related Rates by Program
PeerSense covers the full commercial capital stack. Indicative levels that lenders in our network have been pricing across these programs, as of September 1, 2026.
Originator warehouse
$100M a monthFocus $100 million a month. Will look at $10 million a month. $10 million is not the focus.
Invoice Factoring
0.5–3.5% / 30dB2B invoices from $20 million a month. Advance 80 to 95 percent of face.
CMBS Conduit
5.60–7.10%10 year Non Recourse fixed, $10 million and up, fully assumable
Bridge Loans
9.00–14.00%$10 million and up. Cash in about 35 percent. Name the takeout first.
Data Center
CRS to 89%$1 billion to $30 billion plus. Signed or guaranteed hyperscaler lease.
Contracted revenue sale
Up to 89%15 year lease signed or guaranteed by a hyperscaler. Size follows the lease.
Hotel Financing
SearchHotel is search only. Public floor $10 million and up. Cash in about 35 percent.
Private Credit
7.80–18.00%Non-bank flexibility. Public CRE floor $10 million and up.
DSCR Investor
SearchSearch path. Public CRE floor $10 million and up.
Indicative only, as of September 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Connect with PeerSense, Direct Capital Advisory
PeerSense pre-underwrites every deal before presenting it to our institutional capital sources. With a curated network of lender relationships and live market rate intelligence, we match your owner occupied cre deal with the right capital source, right now.
Fee at closing only · Complimentary initial consultation
Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated September 2026.
Disclaimer: The information on this page is provided for educational purposes only and does not constitute financial, legal, or investment advice. Rates, terms, and availability are subject to change based on market conditions, property characteristics, and borrower qualifications. The rate ranges cited reflect approximate market pricing as of September 2026 and may not reflect current conditions at the time of reading. PeerSense sources capital through a curated network of commercial lenders and capital sources. All financing is provided by third-party lenders subject to their own underwriting criteria and approval processes. Borrowers should consult with qualified financial and legal professionals before making any financing decisions.