Fixed & Variable Rate loans
-
25 & 30 year amortizations
- Term consistent with borrowers objective & loan type
- Both Recourse & Non-recourse
- Usually assumable
- Up to 80% Loan to Value
Details
Borrowers can chose from several Fixed Rate products for terms ranging from
2 to 10 years, & LTV of up to 80% of the project value. Each loan is
deal specific
and is set at spreads
that correspond to the quality, quantity and durability of the income stream, as
determined during the underwriting process.
For non-fixed-rate, we identify the best variable program that 'fits' the borrowers needs and requirements, usually at spreads over the corresponding treasury or other index.
Small Loan Program
Features include a shortened approval cycle, and
minimum up front costs tied to pre-approved documentation & legal review.
Loan Amounts range from $750,000 to $3,000,000.
Standard Program
$3,000,000 to no upper limit
Other
Loan Programs