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- Real Estate Finance offers a wide range of loans and services on all types of income producing properties. Through our correspondent and other lending relationships we can provide all types of financing on:
Shopping Centers
Office Buildings
Mobile Home Parks
Hotel and Resorts
Self Storage
Medical Offices
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Industrial Buildings
Multi-Family Projects
Health Care Facilities
Credit Leased Facilities
Owner/User Properties
Business Parks
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Our correspondent and other lending relationships include life insurance companies, pension funds, commercial and apartment conduits, credit companies, banks and thrifts.
| Loan Amount: |
$2 Million and up |
| Loan Types: |
Permanent, Construction, Bridge, Mezzanine, Forward Commitments and Equity |
| Loan Fees: |
1% of the Loan Amount |
| Interest Rates: |
Fixed:125-350 basis points
over corresponding U.S. Treasury Bond Rates
Variable: Floating rate over LIBOR, Prime Rate and other Indexes |
| Term: |
5, 7, 10, 12, 15, 20, 25 & 30 Year Terms |
| Amortization: |
15 to 30 Years |
| Debt Coverage: |
1.20 to 1.30 |
| Property Types and Max.LTV’s: |
Apartments - Up to 80%
Office & Medical - Up to 75%
Industrial - Up to 75%
Retail - Up to 80%
Mobile Home Parks - Up to 80%
Credit Leases - Up to 100%
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| Information Needed for Quick Response: |
Current Rent Roll
Operating History - 3 to 5 year
Y-T-D Income & Expense
Brief Description of Property and Borrower |
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