The basic program parameters are as follows:
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Loan Size: Interest Rate: Loan Fees: Loan Term: Amortization: DSCR: Maximum LTV: Property Types: Property Location: Borrower: |
$500,00- $5,000,000 Typically floating rate, LIBOR based with floor of 12% Typically 3%+ 6-24 months Negotiable based upon in-place cash-flow, interest reserves and credit enhancements. Deal specific based on in-place cash flow, interest reserves and credit enhancements. Up to 80% Industrial, Office, Multi-Family, Hotel, Condominiums, Manufactured Housing Communities, Anchored Retail, Self Storage and Land Nationwide Must have past experience with property type. |
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