COMMERCIAL BRIDGE LOAN PROGRAM

Eligible Properties	All commercial propertites. Existing, income-producing properties needing to be renovated, leased, re-tenanted and/or repositioned within its market.
Borrower	Individuals, Revocable Trusts, maximum 2 member LLC (no sub entities).
Interest Rate	Tied to spreads over the ten-year Treasury.
Loan Amount	Minimum $1,000,000
Loan Term	Up to 24 Months
Assumability	Assumable, subject to approval and applicable fees.
Debt Coverage Ratio	Case by Case
Prepayment	Negotiable
Loan to Value	Up to 90%.
Loan Request Package	Include the following in your request for a loan quote: 1. Completed 1003 Uniform Residential Loan Application 2. Representative color photographs 3. Signed current rent roll 4. YTD Operating Statement

Residential Lending