Commercial Investor Loan offered
Construction Commercial Loan Details
Construction Commercial loan details |
|
Property Types: |
Office, Retail, Storage, Medical, Light Manufacturing, and Industrial. |
Loan Term: |
Up to 25 years |
Loan Amounts: |
$500,000 - $5,000,000 |
Loan Amortization: |
Up to 25 years |
Current Rates: |
Prime +1% with 6.5% floor |
Loan to Value: |
Up to 80% LTC |
Debt Service Coverage: |
1.2:1 |
Recourse: |
Full recourse. |
Documentation: |
Full documentation. |
Assumption: |
Assumable. |
Prepayment Fee: |
10% During Construction, See Commercial Loan for Permanent |
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