| |
Owner User
Commercial Real Estate Loans |
| Property Type: |
Retail, Office,
Warehouse, Industrial, Commercial Condos, Restaurants,
Special Use and Hotels |
| Loan Term: |
5, 10 or 25 years |
| Loan Amount: |
$250,000 to
$15,000,000 |
| Loan Amortization |
Up to 30 years |
| Rates: |
Starting at 2.50%
over corresponding LIBOR SWAP Rates.
Floating Rates .25-1% over Prime. |
| Loan to value: |
up to 80% LTV, can go
as high as 90% with an SBA 504 Loan. |
| Debt Service
Coverage: |
1.25:1 to 1.30:1 |
| Bank Fees: |
1% Par pricing
and YSP available to mortgage professionals only. |
| Recourse: |
Recourse |
| Assumption Permitted: |
Fully Assumable |
| Prepayment Fee: |
Prepayment period to
match fixed period or 5 or 10 years. |
|
