Furthermore, the typical loan terms with
which we excel are listed below. Please keep in mind that property
values fluctuate with the market. Call us if you would like to know
more exact estimates to facilitate a loan proposal.
Loan Amount: $2 Million and up
Loan Fees: 1% of loan amount
Interest Rates: Typically fixed at 60-350
basis points over the corresponding US Treasury Bond Rates or floating
over Libor
Term: 3-25 years
Amortization: 10 – 30 years
Debt Coverage: 1.20 to 1.30
Max Loan-to-Value: Apartments Up to 85%
Office Up to 80%
Industrial Up to 80%
Retail Up to 80%
Credit Leases Up to 100%
In order to provide a quick response
to your financing needs, the following is a list of items which
will enable us to evaluate the property
- Current
Rent Roll
- Borrower
Information
- Brief
Description of the Property
- Operating
History - last 3 years
- Year-to-Date
Income and Expense
- Property
Photos
- Aerial
(if available)