COMMERCIAL REAL ESTATE MORTGAGE FUNDING (NON –RECOURSE)

[Ronald Cerreta]

Loan Size - $1Million to $5Million
Interest rate range: 3.875% to 6.155% (subject to change)
Cash Out - Permitted
Acceptable Collateral :
Multifamily 80% LTV, 1.20x, 30 years
Anchored Retail 80% LTV, 1.20x, 30 years
Unanchored Retail 75% LTV, 1.25x, 30 years
Office Building 80% LTV, 1.25x, 30 years
Warehouse/Industrial 80% LTV, 1.25x, 30 years
Manufactured Housing 80% LTV, 1.20x, 30 years
Self-Storage 75% LTV, 1.25x, 25 years
Hotel 75% LTV, 1.40x, 25 years
Assisted Living 75% LTV, 1.35x, 25 years
Skilled Nursing Facilities 75% LTV, 1.40x, 25 years
Loan to Value - 75-80% (depending on property type)
Amortization - Up to 30 yrs
PREPAYMENT PENALTY – Multiple Options
Assumable - Yes
Origination Fee – 1.5% minimum

Info @WesthallFinancial.BIZ
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www.WesthallFinancial.BIZ