Lender type
Credit union loans, matched to your deal
A credit union commercial real estate loan is balance-sheet debt from a member-owned lender, underwritten under its own policy and the member business lending rules that govern credit unions. Credit unions are often competitive on smaller and mid-sized property, on owner-occupied buildings and on prepayment flexibility, and they usually want the borrower as a member with a deposit relationship. Their appetite varies widely from one institution to the next, which makes distribution worth more here than with almost any other lender group.
- 20,000+loan programs screened
- 5–8matches on a typical deal
- Zero upfrontto submit and compare offers
- 1 hourmedian first offer
Who is a credit union loan actually for?
Owners of stabilized or lightly transitional property in the credit union’s field of membership: a business buying the building it operates from, an investor refinancing a small apartment or retail building, a local developer with a completed project. Borrowers who value a lender that holds and services the loan, and who can bring deposits, tend to be well received. Deals that need high leverage or very long fixed terms usually belong elsewhere.
What do credit unions disagree about?
Which asset types they will lend on, how large a loan they will hold before bringing in a participant, what fixed-rate term they can offer, how they treat recourse, whether membership must come before the application, and how much weight the deposit relationship carries. Because each lends its own members’ money under its own board policy, two credit unions in the same city can reach opposite answers on the same file.
How is a credit union different from a bank?
In ownership and often in temperament rather than in the shape of the loan. Credit unions are owned by their members, are not-for-profit, and are regulated under rules that cap and shape their business lending, which can make them more relationship-driven and more flexible on prepayment. Banks tend to offer larger loans and a wider set of products. A file that fits both should be shown to both.
How does getting matched actually work?
You describe the deal once — about five minutes — and it is screened against 20,000+ loan programs. Most deals return 5–8 matches, and the median first offer arrives in under an hour. There is Zero upfront; the fee is 0.50–1.00%, paid only at closing.
YieldStack is a commercial mortgage brokerage, not a lender. The rate, the leverage and the credit decision belong to the lenders competing for your deal; our job is making sure the right ones see it at the same time, so the terms you compare are real competition rather than one desk’s appetite.
What do lenders actually look at?
Every program weighs these in its own way — which is the argument for several quoting at once.
- Whether the borrower is or can become a member, and what deposits come with the loan
- The property’s cash flow and the guarantor’s global picture together
- Whether the asset type and loan size fit the institution’s policy
- Recourse, and how much of it will be required
- The fixed-rate term the borrower needs and what the credit union can fund
Frequently Asked Questions
Do I have to be a member to get a credit union loan?
Usually yes, though many credit unions have broad fields of membership and let a borrower join as part of the application. The file should say up front whether membership is already in place.
Do credit unions charge prepayment penalties?
Often less than other lender groups, and some charge none on commercial property. It varies by institution and by loan, and it is one of the terms worth comparing across several offers.
How large a loan will a credit union make?
It depends on the institution’s size and its business lending limits. Larger loans are often shared with other credit unions through participations, which the lead lender arranges.
Is a credit union the wrong lender for some deals?
Yes, when the deal needs leverage or a fixed term the institution cannot fund, when the asset type is outside its policy, or when the borrower is outside its field of membership. Those files go to a different lender group.
Is YieldStack a lender?
No. YieldStack is a commercial mortgage brokerage, not a lender. Every term sheet comes from a lender in the network and is subject to that lender's underwriting.
Does it cost anything to see terms?
No. It costs Zero upfront to submit a deal and review offers; YieldStack's broker fee is 0.50–1.00% of the loan amount and is paid only at closing.
Is financing guaranteed?
No. Every credit decision is made by the lender; YieldStack arranges the introductions and negotiates on the borrower's side, and no loan, rate, or closing is guaranteed.
Where does YieldStack operate?
Nationwide. YieldStack arranges commercial real estate financing nationwide. Every deal is business-purpose commercial financing, and the broker fee is paid only at closing.
One deal.Several lenders.
YieldStack is a commercial mortgage brokerage, not a lender.