Product Highlights

Products
Commercial Real Estate
Multifamily Homes
Construction Loans
Property Types
Office Buildings, Industrial, Warehouses, Retail, Hotels, Special use
Apartments, Mobile Home Parks
Commercial, Multifamily and SFR
Loan Size
Minimum$ 500,000 to $3,000,000
Up to $6,000,000, or higher on case by case basis
Minimum loan amount $300,000
Program Types
Fixed or Fixed to Adjustable
Fixed or Fixed to Adjustable
Fixed
Term
Up to 10 years
Up to 10 years
12 to 18 Months
Amortization
25 or 30 yrs
25 or 30 yrs
Interest Only As Disbursed
Loan to Value
70% maximum on office, industrial & retail, hotels and special use buildings are case by case at 50% LTV
75% maximum
65% Commercial / 75% SFR
Min Debt Coverage Ratio
1.30%
1.25%
1.30%
Recourse
Full Recourse
Full Recourse
Yes
Loan Fee
Up to 2.5 points
Up to 2.5 points
Up to 2.5 points
Processing Fee
$2,500.00
$2,500.00
$2,500.00
Legal Costs
Billed at actual cost if outside counsel is required
Billed at actual cost if outside counsel is required
Billed at actual cost if outside counsel is required
Other Costs
Appraisal, Title, Environmental, and Closing Costs
Appraisal, Environmental, Title, and Closing Costs
Fund Control Fee, Appraisal, Title, and Closing Costs
Impounds
May be required for taxes and insurance
May be required for taxes and insurance
Prepayment Fee
Yes
Yes
None
Broker Submissions
Accepted
Accepted
Accepted

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