Commercial Property – Full Documentation
Purchase, Refinance and Limited Cash Out
Loan Amounts
$250,000 to $2,000,000
$2,000,000 to $7 Million (in certain markets only)
Maximum LTV
80% LTV at favorable DSCR
75% LTV at 1.35 DSCR
Cash Out Available
Unlimited Cash Out in certain scenarios
Eligible Property
Commercial, Office, Retail, Warehouse, Strip Mall, Mixed Use, Industrial, Mobile Home Parks, Self Storage, Special Purpose
Average FICO
680+
Rates
Fixed Rates and Adjustable Rate products available
Call your Account Manager for current rates and pricing options
Occupancy Requirement
Owner Occupied
Investment
Prepayment Penalties
Declining Pre Payment Penalties available
Subordinate Financing
Not Allowed
Non-Recourse
Usually not Available
Terms
20, 25 & 30 Year terms available
Pricing
Favorable terms available for higher DSCR and lower LTV scenarios |
