Commercial Property
Purchase, Refinance and Limited Cash Out
Loan Amounts
$1,000,000 and higher
as low as $500,000 (in certain markets only)
Maximum LTV
55% LTV
60% LTV maximum
Cash Out Available
Unlimited Cash Out
Eligible Property
All Commercial Property Types
Average FICO
580+
Rates
Interest Only, with 12- 36 month Balloon
Call your Account Manager for current rates and pricing options
Occupancy Requirement
Income Producing Property and must debt service
Prepayment Penalties
Maximum 6 months
Subordinate Financing
Not Allowed
Non-Recourse
Available in certain markets
Terms
10 Years, 20 Years, and up to 30 Years
Pricing
Favorable terms available for lower LTV scenarios |
