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| Loan Amounts: |
$100,000 to $1,500,000 |
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| Tax Rates: |
Not required on most programs |
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| Rates: |
Highly competitive with a wide array of rate plans |
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| Loan Terms: |
3, 5, 7 and 10 year ARM |
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30 Year Amortization |
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15 year fixed with 15 year amortization |
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30 year fixed with 30 year amortization |
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| Loan Value: |
Up to 80% |
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| Eligible Properties: |
Multi Family, Mixed Use, Office, Retail, Warehouse, B&B, Strip Malls, Restaurant,Taverns, Diner, Light Industrial, Commcercial Condos, Funeral Homes |
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| Territory: |
CO, CT, DC, DE, FL, GA, IL, A, MD, ME, MI, MN, MO, NC, NH, NJ, NM, NY, NV, OH, PA, RI, SC, TX, UT & VA |
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| Fees: |
Varies with type property and age |
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| Prepayment: |
Varies with loan program |
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| Adjustments ; |
400 bps over the prevailing int. rate on the corresponding T-Bill |
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| Credit: |
Minimum Credit Score 660 |
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| Additional Info: |
Two year seasoning preferred for all refinances, capital improvements can be included in value with cancelled checks, improvement contract and submission pictures showing actual improvements made on subject |
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680 Plus Rates must be own funds no seller 2nd, 75% refi with limited cash out |
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80% R/T refi. Available w/700 + FICO |
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NJ 1-6 Multi & M/U must add 100bps, no prepayment |
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Tax returns may be required on refinanced transactions over 500k with cash out with cash out over 20% of loan amount |
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| Phase I: |
Not required on most properties |
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Our experts are ready at a moment's notice to provide you with the expertise and edge in all aspects of commercial real estate financing. |
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