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Owner Occupied Property Loans
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Property Type: |
******Program has been suspended****** |
| Loan Amounts: |
$750K - $2MM |
| Terms: |
3-36 Months |
| Amortization: |
Interest Only |
| Minimum DSCR: |
1.25X |
| Maximum LTV: |
65% |
| Rate Benchmark: |
Prime |
| Margin: |
700-1200 bps |
| 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: |
10-20 days from complete due diligence package |
| Rate Lock: |
At commitment | |
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| Back to Lending Programs
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