UTILIZED BY BORROWERS FOR

Fixed Rates

ARMs

Lowest Rate Multi-Family & MHP

Lowest Rate Commercial Properties

Low or No Prepayment Fees

Rolling Into Adjustable Rate Mortgage

Future Option to Increase Loan

B & C Property Loans

Single Tenant Properties

100% LTC Credit Tenant  Leases

Non-recourse available

Property Types

Construction Loan Overview

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There are a mulittute of construction loan programs available, but unlike a perm loan that cab be pulled off the shelf and complete a few boxes to determine the loan amount and terms, construction loans take  carefull coniseration and therefore you must talkt to an Account Exeutive to determine our level of interest and if wee can quote terms.

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Here a few guidelines;

Location, Location, Location

Loan Type; We will consider all the major food groups;

• Residential Subdivision

• Commercial

• Infrastructure/Horizontal

• Vertical 

• A&D

Product Type:

• Residential For Sale Subdivision

• Mutli-Residial for Rent

• All Income Property Types

• Land Bank

Loan To Cost: Max 95%

Loan To Value: Max 85%

Borrower:

• Can the client execute the business plan is more important than financial strength

Exit Strategy

Business Plan

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Rates/Fees:

• Interest rates on are pegged to an increment above the current market rate for five-year and 10-year U.S. Treasury issues. Maturities of 10 and 20 years are available. Fees total approximately 3 percent of the loan and may be financed with the loan.

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Eligible Property Types:

• Office: Professional, Condominium, Medical, Dental and Veterinarian.

• Industrial: Heavy and Light Manufacturing, Warehouse and R&D Flex.

• Retail: General.

• Special Purpose: Self Storage, Assisted Living Facilities / Adult Care, Day Care Facilties, Restaurants, Funeral Homes and Hotels/Motels.

Maximum Loan Amount:

Up to $200,000,000

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Recourse:

• Non-REcourse is available for select projects