Loans $750,000 to $500,000,000

 

Better Business Bureau Rating A+

5503 Regional Bank Series

Term Sheet

Interest Rates

5 Year Fixed:    4.20% - 4.55%
7 Year Fixed:    4.25% - 4.60%
10 Year Fixed:  4.40% – 4.75%

                

Terms
Loan Term 30 Years
Minimum Loan Amount: $2,000,000.00
Maximum Loan: $20,000,000.00
Amortization: 30 Years
80% LTV for Purchases
75% LTV for Refinances – No Cash Out
75% LTV for Refinances with Cash Out
Recourse
25% Commercial Space Allowed
Assumable with a 1.00% Fee
1.5 - 1.20  Minimum DSCR

Borrower Qualifications
680+ Credit Score
Tax Returns Required
Debt to Income Ratio
Full Doc
Multifamily Experience Negotiable
Minimum Net Worth equal to Loan Size
12 Months Post Closing Cash Required

 

Rate Lock at Application
1.00% Refundable Rate Lock Deposit

 

Contact Us

For additional options or help with this or any other commercial loan, call us at 503-376-7303 or use the form below to let us know how to contact you and a loan advisor will be happy to help