Commercial Real Estate Loan Program

Recourse: 

• Recourse or non-recourse available 

Property Types: Class A, B, C

• Office 
• Retail 
• Multifamily
• Industrial
• Hospitality
• Healthcare/Medical

Purpose: 

• Purchase, refinance, cash-out, investments  

Lending Coverage: 

• Nationwide 

Loan Size: 

•  $500,000 to $25,000,000

Terms: 

• Hybrid and fixed. 
•  5, 7,10 year fixed rates

Amortization: 

• 25 years and up to 30 years for multifamily

Rates: 

• Usually index + Margin
• Index are usually Wall Street Prime Rate, Libor and Treasury Rates.
• Margins are usually 0.50% to 3.00%

Loan to Value (maximum LTV):

• 75%  owner-user properties
• 70% non-owner 
• 75% multifamily

Speed:

• Average is 45 to 60 days