Commercial PropertiesStated

General Parameters Commercial Properties
Loan Amount $75,000 to $5,000,000
Loan Term/Amortization 30 years Loan full amortized
Maximum LTV 70% LTV 80%CLTV
Subordinated Financing Yes, 20% Down 10% Seller's Note
DSCR 1.25
Minimum Fico Score 650 Middle Score
Fixed Period 3 & 8 Year Options
Rate Structure 2% Annual - 6% Life Cap
Eligible Borrower C-Corp, LLC, LP/LLP, S-Corp
Tax and Insurance Escrows Monthly deposits required
Recourse Full recourse loan
Prepayment Equal to the Fixed period
Permanent Financing No balloons
Transaction Type Purchase, Refinance, Cash Out Refinance
Property Types Retail, Office, Warehouse, Self-Storage