CONVENTIONAL COMMERCIAL LOANS

PROPERTY TYPES:  RETAIL CONDOS, THREE TO FIVE STAR FLAGGED HOTELS, OFFICE BUILDINGS, HIGH RISE, OFFICE CONDOS, SINGLE TENANT, REGIONAL MALLS, STAND ALONE RETAIL, SHOPPING CENTERS.

LENDING AREA:  NATIONWIDE, INTERNATIONAL.

PROPERTY GRADE:  A TO A- (ZERO TO MINIMAL DEFERRED MAINTENANCE)

BORROWER CREDIT GRADE:  A TO A-;  650 TO 850 FICO SCORE

LOAN TO VALUE:  MAXIMUM 75% TO 80% (SUBJECT TO DCR @ 1.20%)

CURRENT AVERAGE FIXED RATES:  5.75% TO 7.50%

CURRENT AVERAGE ADJUSTABLE RATES:  4.75% TO 6.75% (START)

CURRENT AVERAGE LOAN FEES:  1.00% TO 2.00% (DEPENDING ON LOAN SIZE AND LOCATION)

LOAN TYPES:  PURCHASE, REFINANCE, EXPANSION, MEZZANINE, CONSTRUCTION, OR REFURBISH.

MINIMUM/MAXIMUM LOAN AMOUNTS: 

$100K TO NO MAXIMUM (CALIFORNIA ONLY)

$500K TO NO MAXIMUM (NATIONWIDE)

$5MIL TO NO MAXIMUM (INTERNATIONAL)