|
TARGET MARKETS
|
LOAN SIZE
|
LTV
|
PEFERRED PROPERTY
|
ADVANTAGES
|
| Large Loan Program |
>$1mil |
<85% |
- Apt buildings
- Mobile home parks
- Strip Malls
- Office Buildings and compleses
- Developments & Resorts
- Hotels/Motels
- Most property types
|
- Aggressive long term fixed and variable rates
- Better product offerings than local/regional banks
- Non-recourse loans
- Debt Service Coverage Ratio (DSCR) from 1.20 (Cash flow/Debt Service)
- Anywhere in the USA
|
| Streamlined Multi-Family Program |
>$200K |
<80% |
- 5+ multi-family properties
- Mixed use are ok
- Mobile home parks
|
- Rates significantly lower than local banks
- Up to 15 year fixed rates
- up to 30 year amortization
- Aggressive underwriting & CAP rates
- DSCR from 1.20
- Anywhere in the USA
|
| Small Investor Program |
<$1 mil |
<80% |
Any income producing property |
- Access to non-traditional lending sources
- Network of local/regional banks
- Excellent "first time" commercial borrower programs
- State income/Stated assets program
- 90% CLTV program
- Anywhere in USA
|
| Owner Occupied |
>$200K |
<90% |
Any owner occupied property |
- SBA programs
- SBA type programs
- Many more options than local banks
- Anywhere in the USA
|
