Located in Los Angeles, CA

We were able to secure a 75% total Loan to Cost loan.  It was a prime based adjustable rate + spread, 70% loan to value, 18 month term loan with options to extend, interest only payments.  Zero prepayment penalty. 

16 Unit Purchase

Located in Gardena, CA

This was a 5+5 Yr Fixed rate program.  The first 5-Yrs came with a 4.10% fixed rate.  The rate automatically resets to a 2nd--- 5-Yr Fixed at 4.60%, 30 Year Amortization, step down prepay.  $1.4M Loan.
 

Great unit mix, clean property, Long term investor.

NNN Purchase

Located in Providence, RI

NNN Purchase for a California buyer, Family Dollar is the Tenant on a long term lease.   65% LTV purchase loan, 7-Yr Fixed at 5.25%, zero Prepayment Penalty, 10 Year Term Loan, 25 year amortization.  Closed on time.

MFR + OFFICE PURCHASE

Located in Riverside, CA

$465,000 Loan Amount, 7-Yr Fixed rate, 30-Year Term and Amortization, 321 Prepayment Penalty.   Experienced borrower, but they had some previous mortgage lates.  We still got it done.

29 Unit Porfolio REFINANCE

Located in Los Angeles, CA

Four apartment buildings were refinanced in South Central.  5-Yr Fixed at 4.30%, 30 year term, 30 year amortization, 4-3-2-1 prepayment penalty.  Max 70% LTV cash out refi. 

8 UNIT REFINANCE

Located in San Diego, CA
 
10-Yr Fixed at 4.40%, No Points, minimal fees, Step down prepay, 30 year term loan, 30 year amortization, very quick 30 day close!