| Property Types: |
Retail/ Office / Industrial / Manufacturing |
| Loan Amounts: |
$750K - 30MM |
| Terms: |
Adjustable or 2,5,10,15,20 and 25 years |
| Amortization: |
15-25 Years |
| Minimum DSCR: |
1.05X- Acquisition / 1.20X- Refinance |
| Maximum LTV: |
90% |
| Rate Benchmark: |
Prime/FHLB/Swap Rate |
| Margin: |
50 - 450 basis points |
| Geographic Location: |
Nationwide |
| Closing: |
Borrowing Entity - Single Purpose Entity not required
Prepayment - Declining fixed
Assumption- Allowed
Escrows- None |
| Third Party Reports: |
Phase I - Environmental Survey
MAI Appraisal |
| Application Fee: |
None |
| Funding: |
45 days from complete due diligence package |
| Rate Lock: |
60 days from executed Commitment |
