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Special-Purpose Properties
Property Types:

Hotels/ Healthcare/ Daycare/ Gas- Conv. Store/ Auto service

Loan Amounts: $750K - 5MM
Terms: Up to 25 years
Amortization: Up to 25 Years
Minimum DSCR: 1.25x
Maximum LTV: 85%
Rate Benchmark: Prime or Swap Rate
Margin: 300bps and up
Geographic Location: Nationwide
Closing: Borrowing Entity - Single Purpose Entity not required
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




 

 

 

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