DIRECT CMBS / Conduit Lender for High Quality Commercial Real Estate Assets - Nationwide, Fixed Rates at all time low!

CMBS 3.0
Conduit Commercial Loan Program

Offering flexible and favorable low fixed rate and non-recourse loan terms for most income producing commercial real estate property types including:

Multi-Family Apartment Buildings, Student Housing, Office, Medical Office, Anchored Retail, Industrial, Hospitality, Self Storage Facilities, Manufactured Housing, Mobile Home Parks, Single Tenant Credit NNN Properties, Multi-Asset Portfolio’s.

Loan Limits: $3,000,000 – No Programmatic Maximum

Loan Types: Purchase, Refinance, Refinance with unlimited cash out

Eligible Borrowers: Credit worthy individual or entity with sufficient net worth / liquidity.

Loan Term: Terms ranging from 5 to 10 years are available.

Amortization: Up to 30 years.

Underwriting: Maximum LTV is 75%.

Recourse: Non-recourse execution. Standard carve-outs to non-recourse for “bad acts” such as fraud are required.

Territory: Nationwide – All markets considered including secondary / tertiary locations.

Interest Rates: Fixed Rates determined deal by deal ranging high 4%’s to mid 5%’s.

For more information, contact us at 610-578-0715 or Email: gpolao@gmail.com

RED STAR MORTGAGE CORPORATION ®

Loans are subject to credit approval.

This term sheet sets out the general guidelines of the CMBS commercial loan program and is designed as an aid to prospective borrowers and other clients. This term sheet does not represent or imply a contract or an offer to lend funds. An offer to lend funds may only be made by a written commitment letter issued by Red Star Mortgage Corporation to a prospective borrower. This term sheet is subject to change at any time without notice at the sole discretion of Red Star Mortgage Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. (7/2/2012)

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