Property Types:
Office, Industrial, Retail
Loan Amounts: $5MM & Up
Terms: 5-30 Year
Amortization: 15-30 Years
Minimum DSCR: 1.25X and Up
Maximum LTV:75%
Recourse: Non-Recourse
Interest Only: 1-3 Years (Subject to asset quality)
Rate Benchmark: US TSY/ Swap Rate
Margin: 165bps and Up
Forward Rate Lock: Up to 12 months
Geographic Location: Nationwide
Prepayment: YTM or Defeasance
Closing: Borrowing Entity - Single Purpose Entity Escrows- Taxes & Insurance required
Third Party Reports: PCA- Property Condition Report
Phase I - Environmental Survey
MAI Appraisal
Funding: 45 days from complete due diligence package
COMPLETE WORKSHEET (CLICK ON THE LINK) Refinance%20of%20Rental%20Property%202012.doc AND EMAIL TO MORINELEWIS@GMAIL.COM