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Our rates are low, our application is quick and easy! We can get you clear to close in as little as 10 days!

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Meet Bill Rapp

NMLS ID # NMLS # 228246

William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.

The Client Experience

Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.

27185 Astoria Brook Ln, Katy, TX 77494, USA

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🧾 From Empty Banks to Income Properties: CRE Loan Strategies šŸ’¼

🧠 Smart Financing Moves for Bank-to-Retail or Medical Conversions šŸ„

April 19, 2025•1 min read

🧠 Smart Financing Moves for Bank-to-Retail or Medical Conversions šŸ„

🧾 From Empty Banks to Income Properties: CRE Loan Strategies šŸ’¼


šŸ’¼ Bank Closures & Retail Vacancies: Financing the Next Chapter

With hundreds of bank branches closing across the U.S., commercial landlords and investors are left holding the bag—but that bag might be filled with gold.

šŸ”„ Vacancy = Opportunity
These former bank branches are often high-visibility sites with ample parking, drive-throughs, and strong bones—ideal for repositioning. Whether you’re eyeing a conversion to retail, medical, or flex office, financing is the critical piece of the puzzle.

šŸ’ø How to Finance the Pivot

1. Renovation Loans & Construction-to-Perm
Ideal for full conversions—whether it’s turning the building into a dental office or a drive-thru restaurant. These loans allow for interest-only payments during the construction phase and then roll into permanent financing.

2. SBA 504 & 7(a) Loans
Small business owners who want to buy a shuttered branch and open their own location—like a clinic or law office—can use SBA loans for high leverage and favorable terms.

 

3. DSCR or Asset-Based Lending
Investors with strong rent projections or good tenant letters of intent (LOIs) may be eligible for DSCR loans—no tax returns needed, just cash flow.

4. Bridge Loans for Quick Turnarounds
Need fast capital to buy the property, begin work, and stabilize? Bridge loans fill the gap while you secure long-term tenants or complete renovations.

šŸš€ Let’s Talk Strategy
Whether you’re an investor, developer, or business owner ready to repurpose a vacant bank branch, we can structure a financing plan to match your timeline and goals.


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Ā© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory


adaptive reuse financingRenovation loans for commercial propertyBank building conversion loanscommercial bridge loandscr loan for vacant retailSBA loan for retail conversion
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Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

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Refinancing youe loan and when to do it

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Copyright ©2021 | Mortgage Viking Team

Licensed to Do Business | NMLS # 228246


This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Ā© 2021 | Medallion Funds


Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014

Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/

Copyright ©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply

Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/