HOME ABOUT LOAN PROGRAMS FUNDINGS FAQs CONTACT BROKERS ACCOUNT EXECS  
  Loan amounts up to $15 million    
 

Owner Occupied Multi-use (Full Doc)

Owner occupies > 51% for their business use.  A multi-use property is a commercial building that may easily be used by a wide variety of tenants.

Typical Properties:

  • Office
  • Professional Office
  • Medical Office
  • Office/Warehouse
  • Light Industrial
  • Warehouse
  • Distribution Center
  • Single-Tenant Retail
  • Retail Strip Center
  • Anchored Retail
  • Unanchored Retail

Summary:

Product Type:

Owner Occupied Multi-use (Full Doc)

Property Type:

Industrial, Office, Medical Office, R&D, Flex Office, Anchored Retail, Distribution, Single-Tenant Retail

Loan Amount (min/max):

$250,000 to $15MM

LTV (max):

75% to 80%

CLTV (max):

85% to 90%

Amortization / Term:

30/10, 25 years

Minimum FICO:

650

Minimum DSCR:

1.00x to 1.30x

Non-Eligible:

Ground Lease

Cash-out:

Ok (subject to review)

Collateral:

Real Property

Full Program Guidelines

Expedite your loan closing!

Enter Tracking Number

Forgot Tracking Number?

Demonstration




Daily FHLB 1/6/09
Prime Rate 3.25%
90-day LIBOR 1.42%
6-Month LIBOR 1.79%
5-Year FHLB 3.43%
7-Year FHLB 4.32%
Weekly SWAP 1/6/09
5-Year SWAP 2.10%
7-Year SWAP 2.31%
10-Year SWAP 2.51%
Daily SWAP 1/6/09
2-Year SWAP 1.50%
5-Year SWAP 2.17%
10-Year SWAP 2.61%
Other Rates 1/6/09
SBA 504
Debenture Rate
7.171%
NMTC
25-Yr Fixed
0%
 
  © 2009 Capital Development, LLC. All rights reserved