Commercial Loan Terms

LOAN AMOUNT
$500,000 to $10,000,000
LOAN TERM
6 to 24 months with option for extensions
ASSET TYPES
Multifamily, Industrial, Self-Storage, Mobile Home Parks, Office & Retail
GEOGRAPHY
Western States (CA, AZ, OR & WA)
LOAN PURPOSE
Acquisition, Renovation, Lease-up, Note Financing, etc.
LOAN-TO-VALUE/COST
Up to 65% LTV, 70% LTC
RATES
Starting at 8.00%
LOAN FEES
Varies depending on loan profile and term
DSCR
Below 1.0 will be considered
AMORTIZATION
Interest only
RECOURSE
Non-recourse available
PREPAYMENT
No prepayment penalty
CLOSING TIME FRAME
Two weeks or less