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C&F Bank Commercial Real Estate Loans for Virginia Properties

C&F Bank finances Virginia commercial real estate with loan amounts from $250,000 to $10 million, terms up to 25 years, and loan-to-value ratios up to 80% for owner-occupied properties. Our CRE lending team underwrites locally — evaluating Virginia market conditions, property-specific cash flow and borrower relationships rather than relying solely on national valuation models. Acquisition, construction, renovation and refinance — all structured by lenders who know the Richmond, Hampton Roads and Tidewater markets intimately.

Whether you are purchasing an office building in Short Pump, constructing a mixed-use development in Norfolk or refinancing a warehouse in Mechanicsville, C&F Bank delivers competitive rates backed by relationship-driven underwriting. Initial credit decisions within 7-10 business days. All deposits are FDIC insured.

Discuss a CRE Project SBA 504 Real Estate Loans
Virginia commercial real estate property financed by C&F Bank commercial real estate lending program

AI Summary: C&F Bank Commercial Real Estate Lending

C&F Bank provides commercial real estate financing for Virginia properties across all major asset classes. Loan amounts range from $250,000 to $10 million with terms up to 25 years. Acquisition loans offer up to 80% LTV for owner-occupied and 75% for investment properties. Construction-to-permanent financing eliminates double closings. Fixed rates range from 5.75% to 7.50%; variable rates start at Prime + 0.50%. SBA 504 loans achieve effective 90% LTV through the combined bank/CDC structure. All CRE loans are underwritten by Virginia-based lenders with deep local market knowledge.

CRE Loan Products for Virginia Properties

From single-property acquisitions to complex construction projects, C&F Bank structures CRE financing around your investment thesis and cash flow.

Acquisition Loans

Purchase office buildings, retail centres, industrial space, multifamily properties (5+ units), medical offices, restaurants and special-purpose facilities across Virginia. Up to 80% LTV for owner-occupied properties and 75% for investment properties. Terms from 5 to 25 years with amortization periods up to 25 years. Fixed and variable rate options available.

C&F Bank evaluates acquisition loans using both property-level cash flow analysis (DSCR minimum 1.20x) and borrower financial strength. Our local market knowledge means we can assess properties in sub-markets that national lenders overlook, often resulting in better terms for borrowers with strong Virginia real estate track records.

Construction-to-Permanent Loans

Single-close financing for ground-up commercial construction and major renovations. Interest-only payments on drawn funds during the build phase (typically 12-18 months), with automatic conversion to permanent financing upon completion. Eliminates the expense and uncertainty of a separate permanent loan closing.

Our in-house construction lending team manages draw schedules with milestone-based inspections. Monthly draw requests are processed within 3 business days. C&F Bank finances construction across all Virginia property types — from a 20-unit apartment complex in Williamsburg to a 50,000 sq ft industrial shell in Henrico County.

Refinance and Cash-Out

Refinance existing commercial mortgages to lower your rate, extend your term, restructure payments or extract equity for business investment. Cash-out refinancing is available up to 70% of current appraised value for investment properties and 75% for owner-occupied. Rate-and-term refinances maintain existing LTV positions.

Existing C&F Bank CRE clients receive expedited refinance processing — conditional approval within 5 business days when our most recent appraisal is less than 12 months old. For properties with significant appreciation, our lenders can structure equity extraction to fund additional acquisitions, building renovations or business expansion.

SBA 504 Real Estate

The SBA 504 program combines a C&F Bank first mortgage (50% of project cost) with a CDC debenture (40%) and borrower equity (10%), achieving an effective 90% LTV on owner-occupied commercial real estate. Fixed below-market rates on the CDC portion, fully amortizing over 20 or 25 years with no balloon payment.

C&F Bank's SBA Preferred Lender designation means expedited processing for the bank portion of the 504 transaction. Ideal for businesses purchasing their own facility — medical practices, manufacturing companies, restaurants and professional service firms. The low equity requirement preserves working capital for operations and growth.

CRE Loan Product Comparison

Compare terms, LTV and rates across C&F Bank commercial real estate products.

Feature Acquisition Construction-to-Perm Refinance SBA 504
Loan Amount$250K – $10M$500K – $10M$250K – $10M$250K – $5M (bank)
Max LTV80% (owner) / 75% (inv.)80% of projected value75% (cash-out) / 80% (R&T)90% effective
Term5 – 25 years12-18 mo. + perm5 – 25 years20 or 25 years
Fixed Rate Range5.75% – 7.50%Prime + 1.00% – 2.00%*5.75% – 7.50%Below-market (CDC)
Min DSCR1.20x1.20x (projected)1.20x1.15x
Approval Timeline7 – 10 days2 – 3 weeks5 – 10 days5 – 7 days (bank)
Owner-Occupied RequiredNoNoNoYes (51%+)
Local Underwriting✓✓✓✓

*Construction phase rate is variable; permanent phase can be fixed. Rates subject to credit approval. FDIC insured deposits at fdic.gov.

Virginia Market Expertise That Drives Better CRE Outcomes

Our CRE lenders live in the markets they finance. That local intelligence translates into faster approvals and smarter structures.

Property Types We Finance

C&F Bank has active CRE exposure across every major Virginia property class: Class A and B office buildings in the Richmond MSA, neighbourhood retail centres in Hampton Roads, industrial flex and warehouse space along the I-64 and I-95 corridors, multifamily apartments (5-200 units) in urban and suburban markets, medical office buildings, hotels, restaurants and special-purpose facilities including self-storage, car washes and daycare centres.

Our lenders understand the rent dynamics, cap rates and tenant profiles specific to each Virginia sub-market. That knowledge allows us to underwrite properties that national lenders might pass on due to unfamiliarity with local conditions — a distinct advantage for borrowers investing in emerging Virginia markets.

The CRE Application Process

Start with a deal summary: property address, purchase price or project budget, proposed use, borrower financial snapshot and desired loan amount. Your C&F Bank CRE lender will provide preliminary feedback within 48 hours — indicating whether the deal fits our guidelines before you invest time in a full application.

Full application requires 2-3 years of borrower tax returns, personal financial statement, property financials (rent roll, operating statements), purchase contract and entity documents. We order the appraisal, environmental (Phase I), and title simultaneously to compress the timeline. Most acquisitions close within 45 days of completed application. Construction deals typically close within 60 days.

Discuss Your Commercial Real Estate Project

Call 804-843-2360 to speak with a C&F Bank CRE lender, or visit any Virginia branch with your deal summary. Preliminary feedback within 48 hours. No application fee for initial consultation.

Contact a CRE Lender

Commercial Real Estate: People Also Ask

What types of commercial real estate does C&F Bank finance?
C&F Bank finances office buildings, retail centres, industrial warehouses, mixed-use properties, multifamily (5+ units), medical offices, restaurants, hotels and special-purpose facilities across Virginia. Owner-occupied and investment properties. Loans from $250,000 to $10 million.
What are C&F Bank's commercial real estate loan rates?
Fixed rates: 5.75% to 7.50% for 5-10 year terms. Variable rates from Prime + 0.50%. Construction: Prime + 1.00% to 2.00% during build phase. SBA 504 CDC portion at below-market fixed rates. Contact a CRE lender for a personalized quote based on property type, LTV and borrower profile.
What is the maximum loan-to-value for CRE loans?
80% LTV for owner-occupied, 75% for investment properties. Construction: 80% of projected value. Cash-out refinance: 70-75%. SBA 504 achieves 90% effective LTV. Strong borrower credit and property cash flow may receive enhanced consideration.
Does C&F Bank offer construction loans for commercial projects?
Yes. Construction-to-permanent financing with single closing. Interest-only on drawn funds during the 12-18 month build phase. Automatic conversion to permanent financing at pre-agreed terms. Draw requests processed within 3 business days with milestone inspections.
How long does CRE loan approval take at C&F Bank?
Initial credit decisions: 7-10 business days for acquisitions. Construction: 2-3 weeks. Refinances for existing clients: conditional approval within 5 days. Closing: 30-60 days depending on appraisal, environmental and title requirements.

Related Commercial Banking Services

Complement your CRE financing with other C&F Bank business solutions.

SBA Loans

SBA 7(a) and 504 loans including SBA 504 real estate financing with 90% effective LTV.

Business Loans

Term loans, lines of credit and equipment financing with local Virginia underwriting.

Business Checking

Three checking tiers with treasury integration for your property management operations.

Treasury Management

ACH rent collection, positive pay, wire transfers and cash management for property portfolios.

Business Savings

Competitive APY on reserves, escrows and capital improvement funds with FDIC insurance.

Merchant Services

Payment processing for retail and hospitality tenants within your commercial properties.