LARGE BALANCE COMMERCIAL LOAN PROGRAM

Eligible Properties Office, Retail, Self Storage, Industrial, Warehouse, Mobile Home Parks, Medical, Hotels.
Borrower Single asset, single purpose entity.
Loan Benefits Long term fixed rates. Flexible prepayment options.
Loan Amount $2,000,000 and higher.
Loan Term 3, 5, 7,10,15, 20, and 25 year terms available.
Interest Rate Determined by market rates at the time of rate lock. Rates vary by loan-to-value ratio, debt service coverage and property quality.
Amortization Up to 30 Years.
Recourses Non-recourse.
Assumability Assumable, subject to approval and applicable fees.
Prepayment Yield Maintenance or declining.
Loan to Value Typically 80-85%. Up to 90% with mezzanie financing for strong deals.
Rate Lock Early or standard rate locks available .
Loan Request Package

Include the following in your request for a loan quote:

1. Property description.
2. Color photos.
3. Current rent roll and year-to-date operating statement.
4. Operating history - prior 3 years, if available.
5. Current year operating budget.
6. Existing debt and cost basis.

COMMERCIAL PROGRAMS

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