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Loans $750,000 to $500,000,000
Better Business Bureau Rating A+

7000 Challenged Credit Series

Term Sheet

Interest Rates

5 Year Fixed:   6.50%- 6.80%
7 Year Fixed    6.75%- 7.15%
10 Year Fixed  6.84% - 7.25%
                

Terms
Term 30 Years
Minimum Loan Amount: $750,00
Maximum Loan: $20,000,000
Amortization: 30 Years
2 - 10 Years Interest Only Available
65% - 70% LTV for Purchases
65% - 70% LTV for Refinances – No Cash Out
65% - 70% LTV for Refinances with Cash Out
Recourse
25% Commercial Space Allowed
Pre-Payment Penalty – Declining
Assumable with a 1.00% Fee
1.25 Minimum DSCR

Borrower Qualifications
580+ Credit Score
Tax Returns Required
Debt to Income Ratio Required
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