Mortgage lead for Commercial loan in Rapid City, SD, 57703

Date Posted

9/6/2026 5:58:29 AM

Property at

Rapid City, SD, 57703, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$2,100,000

Amount of Existing Loans

$583,000

Loan Request

$1,600,000

LTV

76.19 %

Credit Rating

720-739

Net Worth

$4,000,000 - $10,000,000

Loan Purpose

Refinance all

Purpose

I’m requesting a $1,600,000 business-purpose refinance on my commercial property at 2020 Creek Drive in Rapid City, SD. The property is currently valued around $2,020,000, and this loan will let me refinance the existing $583,000 debt and consolidate the financing into one clean, predictable structure. This will be a short-term bridge financing secured by a stabilized, income-producing commercial property to consolidate business credit-card debt, improve monthly cash flow, and prepare for conventional long-term financing.

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Loan Request for Commercial loan in Rapid City, SD, 57703