Loan Size | $20k to $30milion + |
Interest Rate | Starting from 5% |
Term | 6 months - 30 years |
Repayment Plan | Interest-Only, Normal Armotization |
Loan to Value | Up to 85% LTV Up to 85% LTC for Construction Up to 100% for Build-Outs, TI’s, and Redevelopment Up to 50% LTV for Land
|
Coverage | 1.20x – 1.30x using actual debt service (no stress test) |
Prepay | No Prepayment Penalty |
Recourse | Recourse and Non-Recourse are available |
Collateral | All Commercial RE Property Types, including Specialty Uses and Land |
Security Position | Senior Secured Interest (no equity and no mezz) |
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