Life company lender program — full lender table
Protective Life Commercial Mortgage Loans
Protective Life originates permanent fixed-rate commercial mortgages from $3M to $50M per asset, up to 75% LTV, on stabilized income property. That check size sits exactly in the gap between Symetra's program and the $25M+ institutional desks — a band where many life companies quote reluctantly and Protective quotes competitively. CLS places loans through the Protective correspondent channel.
Channel: Correspondent — CLS places through the program
Program parameters
| Loan size | $3M to $50M per asset |
| Terms | Fixed-rate permanent |
| Leverage | Up to 75% LTV |
| Programs | Permanent fixed-rate on stabilized income property |
| Property types | Stabilized multifamily and commercial |
| Geography | Nationwide |
Why borrowers pick Protective Life through CLS
The $3M to $50M specialist
Fills the band between small balance programs and $25M+ institutional desks.
75% LTV at this size
Leverage rarely offered this far down the check-size ladder.
Straightforward execution
Stabilized assets, clean terms, no structural games.
How placement works
CLS underwrites the opportunity, matches it to the desks currently competing — Protective Life included — and builds a comparable field of proposals across rate, proceeds, recourse, prepayment, and closing certainty. You see every live option, not just the first term sheet.
Ready to test the market? Submit your transaction or review the full life company lender table.
Protective Life lending, clarified.
Does Protective lend through brokers?
Yes. Protective Life — Commercial Mortgages works with commercial mortgage brokers. CLS CRE places loans with Protective through direct open-market submission and an active relationship in our lender database. The desk evaluates the asset, sponsorship, and market, then quotes structure and spread.
What loan sizes does Protective offer?
$3M–$50M per asset. Spreads are set deal-by-deal over Treasury yields; the ranges shown reflect recently executed transactions and current desk guidance.
How do I qualify for a Protective commercial mortgage?
Stabilized, documented NOI; institutional-quality asset in a proven market; conservative leverage with 1.25x+ DSCR; and a sponsor group with net worth and liquidity. Submit through CLS CRE and we underwrite the deal against the desk's current appetite before it goes anywhere.
How fast can a Protective loan close?
Typically 45 to 75 days from executed term sheet on correspondent and direct executions, depending on third-party report turnaround and title. CLS manages appraisal, environmental, and property condition through Symetra-style approved vendor lists.
Other life company lender programs
Symetra
MetLife
Principal Life
Manulife (John Hancock)
Guardian LifeGet a Protective Life quote.
Share the property and financing request. We will respond within 24 hours with an initial view.
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