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Commercial Lending
Property Types: Multifamily- MHP/ Office/ Industrial/ Retail
Loan Amounts: $3MM and Up 
Terms: 3-10 Years
Amortization: 15-30 Years
Minimum DSCR: 1.20X and Up
Maximum LTV: 80%
Recourse: Non-Recourse
Rate Benchmark: US Treasury
Margin: 185bps and up
Geographic Location: Nationwide
Prepayment: Flexible
Lockout: Flexible
Closing: Borrowing Entity - Single Purpose Entity
Escrows- Taxes & Insurance required
Third Party Reports: PCA- Property Condition Report
Phase I - Environmental Survey
MAI Appraisal
Application Fee: None
Funding: 45 days from complete due diligence package




 

 

 

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