Life Insurance Company Loans

M&T Realty Capital Corporation® works with a broad network of institutional and life insurance company investors to provide mortgage financing for commercial income property types (office, industrial, retail; and hotel on an exception basis), as well as for multifamily properties. Life insurance company investors are typically portfolio lenders, retaining and servicing the loans post-closing, which provides for more borrower flexibility during the term of the loan.

Life company loans typically include the following features:

  • Up to 70% LTV on most property types (higher LTVs on an exception basis)
  • Minimum Debt Service Coverage (DSCR) of 1.20x-1.40x (based on property type and market)
  • Typically 10-year fixed-rate loan terms (5-, 7- and 15-year term balloon loans and 20- to 30-year self-amortizing structures are also available)
  • Typically 25- to 30-year amortization schedules (interest-only options may be available on an exception basis)
  • Single-purpose entity borrowers
  • Non-recourse provisions
  • Early rate locks on most deals, typically 60-90 days. Longer term rate locks may also be available, typically up to 9-12 months.

For specific loan information on this program, please call us at 610-341-1855.

All loans and all terms referenced herein are subject to receipt of a completed application, credit approval and other conditions.

Return to the loan program overview page.

M&T RCC Facts

  • In 2021, we originated $5.1 billion in loans, and currently service a loan portfolio of $24.6 billion.
  • We are a Top Fifteen FHA lender, and can provide financing for healthcare facilities or multifamily properties.
  • We are a Top Fifteen Freddie Mac lender.
  • We are one of only 19 lenders that hold licenses with all three agencies (Fannie Mae, Freddie Mac and FHA