Loan Product Guide

We offer most types of CRE loans including 2nd position cash out loans.

SBA 7(a)

$300K-$5M-Up to 93% LTV

25 years fully amortizing

Rates tied to Wall Street Prime-Prepayment Penalty: 5%, 3%,1%

Purchase, Construct or Refinance Commercial RealEstate

No restrictive covenants

51% or more owner occupied

Minimum 600 FICO

Will consider projection based

Nationwide, Non-Rural

SBA 504

$500K-$10M

Up to 90% LTV

30-year fully amortizing

25-year fully amortizing on 2nd mortgage “SBA”

Fixed rates

Prepayment Penalty: 5/5/5/5/5or 5/4/3/2/1

No restrictive covenants

Origination Fee: 1.5%- 2%

51% or more owner occupied

Minimum 650 FICO

Nationwide, Non-Rural

Conventional

$500K-$5M

Up to 70% LTV

30-year fully amortizing

Fixed interest rates -cash out

Prepayment Penalty: 5/5/5/5/5 or 5/4/3/2/1

Can handle challenging credits

No restrictive covenants

Origination Fee: 1%- 2%

Owner occupied + investment

Minimum 600 FICO

Nationwide, Non-Rural

Short-Term Bridge Loans

$500k - $100MM

Rates: 10%-12%, Interest only, LTV: up to 75%, Quick Closing Time

1-2 year Term, Recourse and Non-Recourse available

Loan Types: Acquisition, Refi/Cash out, Foreclosure, Renovation, Tax issues, Equity Recapture

Property Types: Single family, Duplex, Triplex, Quad, Multi Family, Condo Inventory, Industrial, Warehouse, Retail, Self-Storage, Owner Occupied Commercial OK

Construction

$20MM - $1B, Most Asset Classes (NOT limited to Multifamily!)

Rates: 4.75% + 6 % Lender Fee, 4-year term, Non-Recourse (amortized annual rate of 6.25%)

100% LTC Available (75% LTC + 25% C-PACE). Land must be owned for 100%LTC

Major metro areas preferred, some secondary markets considere

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