SPECIALTY PROPERTY LOANS

PROPERTY TYPES:  MIXED USE (RESIDENTIAL/COMMERCIAL), INDUSTRIAL, (LIGHT TO HEAVY), HOTEL/MOTEL (FLAGGED & NON-FLAGGED), HOSPITALS, PROFESSIONAL MEDICAL, ASSISTED LIVING, MOBIL HOME PARKS, AUTOMOTIVE BASED, CHURCHES, SPORTS ARENAS, AMUSEMENT PARKS.

LENDING AREA:  NATIONWIDE, INTERNATIONAL

PROPERTY GRADES:  ALL GRADES

BORROWER CREDIT GRADE:  ALL GRADES

LOAN TO VALUE/DCR:  SET BY PROPERTY'S ACTUAL OR PROFORMA CASH FLOW CAPABILITY AND/OR THE BORROWER'S CASH FLOW AND ASSETS.

NOTE:  UNDERPERFORMING PROPERTIES REQUIRE BORROWER'S PERSONAL INCOME SUFFICIENT TO COVER ANY NEGATIVE CASH FLOW OR ADDITIONAL COLLATERAL UNTIL CASH FLOW ACHIEVES BREAK EVEN STATUS.

LOAN TYPES:  PURCHASE, REFINANCE, CONSTRUCTION, RE-HAB AND CONVERSION TO OTHER USES.

CURRENT AVERAGE FIXED RATES:  6.25% TO 9.75%

CURRENT AVERAGE ADJUSTABLE RATES:  5.25% TO 8.75%

AMORTIZATIONS:  20 YEARS, 25 YEARS, 30 YEARS

CURRENT AVERAGE LOAN FEES:  2.00% TO 3.00% (DEPENDS ON SIZE, CONDITION, PURPOSE, LOCATION, AND CASH FLOW.

MINIMUM/MAXIMUM LOAN AMOUNTS: 

$100K TO NO MAXIMUM (CALIFORNIA ONLY)

$500K TO NO MAXIMUM (NATIONWIDE)

$5MIL TO NO MAXIMUM (INTERNATIONAL)

LET OUR CASH FLOW AND INCOME PROPERTY SPECIALISTS MAXIMIZE YOUR PROPERTY'S POTENTIAL TODAY!