Capital Financing for the Wave of Your Future
Commercial including multifamily, retail, office, mixed-use, self storage, light industrial and special purpose. $1,000,000 to 100,000,000.
Custom Fit - Tailored to your needs!
Apartments | Commercial | Special Purpose | |
Index: | 6 month LIBOR | 6 month LIBOR | 6 month LIBOR |
Term: | Up to 30 Years | Up to 10 Years | Up to 10 Years |
Amortization: | 30 Years | 30 Years | 20 Years |
Floor Rate: | Fully Indexed | Fully Indexed | Fully Indexed |
Debt Coverage Ratio: | 1.25 minimum | 1.25 minimum | 1.25 minimum |
Loan-to-Value: | 85% LTV maximum | 80% LTV maximum | 70% LTV maximum |
Purpose Purchase, rate and term refinance, renovation or expansion, cash out | Secondary Financing Permitted up to 95% maximum LTV, and acceptable combined DSCR |
Loan Amount $1,000,000 to $100,000,000 | Prepayment Penalty Declining, based on loan balance |