Commerical Lending Program
Program Highlights are as follows:
Property Type: Office, Retail, Industrial, Self- Storage & Hotel
LTV: Up to 75% (70% - Hotel)
Min DSCR: 1.25x (1.50x- Hotel)
Terms: 5-20 Years
Amortization: 20-30 Years
Recourse: Non-Recourse
Minimum Loan Amount: $5MM ($1MM for Multifamily)
Origination Fee: None
Transaction Type: Acquisition or Refinance
Geography: Cities with populations of 25,000 or greater
Borrower NW: Equal to or greater than Loan Amount |