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Loans Available for
Whatever Road You Decide to Travel
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ADJUSTABLE
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FIXED*
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Apartments
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80%
LTV; 30/10; 25/25; 2/4.5 caps 6 Mo Libor +31/2-41/4; 2.5 points; $250,000-
$10 Million |
80%
LTV; 30/10 (case by case 30/30) 10 year Tres. Sec +1.5 – 2.5; 2.5 points;
$500,000 - $3 million |
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Mobile
Home Parks
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75%
LTV; 30/10; 25/25; 2/5 caps; 6 Mo Libor +3 ½ - 4 ¼; 2.5 points; $500,000
- $10 mil |
80%
LTV; 30/10 10 year Tres. Sec +1.5 – 2.5; 2.5 points; $500,000 - $3
million |
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Industrial
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75%
LTV; 25/10, 2/5 caps; 6 Mo Libor + 3 ¾ - 4 ¼; 2.5 points $500,000- $10
million; no prepay |
75%
LTV; 25/10; 10 Yr. Tres. Sec + 1.75-2.95; 2.5 points $500,000 - $20 mil |
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Office
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75%
LTV; 25/10, 2/5 caps; 6 Mo Libor + 3 ¾ - 4 ¼; 2.5 points $500,000- $10
million; no prepay |
75%
LTV; 25/10; 10 Yr. Tres. Sec + 1.75-2.95; 2.5 points $500,000 - $20 mil |
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Mini-Storage
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75%
LTV; 25/10, 2/5 caps; 6 Mo Libor + 3 ¾ - 4 ¼; 2.5 points $500,000- $10
million; no prepay |
75%
LTV; 25/10; 10 Yr. Tres. Sec + 1.8 - 2.8; 2.5 points $500,000 - $20 mil |
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Mixed-Use
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75%
LTV; 25/10, 2/5 caps; 6 Mo Libor + 3 ¾ - 4 ¼; 2.5 points $500,000- $10
million; no prepay |
75%
LTV; 25/10; 10 Yr. Tres. Sec + 1.75-2.95; 2.5 points $500,000 - $20 mil |
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Anchored
Retail
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75%
LTV; 25/10, 2/5 caps; 6 Mo Libor + 3 ¾ - 4 ¼; 2.5 points $500,000- $10
million; no prepay |
80%
LTV; 25/10 10 Year tres Sec + 2-3.5; 2.5 points $500,000 - $20 million |
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Unanchored
Retail
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75%
LTV; 25/10, 2/5 caps; 6 Mo. Libor + 3 ¾ - 4 ½; 2.5 points $500,000 - $10
Million; no prepay |
75%
LTV; 25/10; 10 Yr Tres Sec + 2-3.5; 2.5 points $500,000 - $20 milion |
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Church
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Program
discontinued |
Program
discontinued |
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Hotel/Motel
(Flags Only! All others on case by case basis)
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Program
temporarily discontinued
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70%
LTV; 20/10 10 year tres. Sec+ 2-3.5; 2.5 points $500,000 - $20 million |
SPECIAL PURPOSE: Car Wash, Office Condo, Industrial Condo, Restaurant,
Bowling Alley, Pre-School, Auto Service, Parking Garage, Health Club, Marina,
Golf Course, Convalescent Hospital, Hospital, Outlet-Mall
Rates are subject to change without notice. The above information is for
quality properties in good locations. Please call or e-mail
to discuss specific transactions including construction loans.
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