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Mike Lewis's Blog – November 2022 Archive (1)

PERM LOAN PROGRAM - FL, NY, PA

PERM LOAN PROGRAM

Our primary focus is on properties in the state of Florida, Pennsylvania & New York.

FUNDING PARAMETERS:

Loan Amount $1-20MM

LeverageUp to 75% LTV

Fixed Rate Pricing

3- or 5-year term @ 6.25%-6.375% +25bps for retail

7- or 10-year term @ 6.125%-6.25% +25bps for retail

Term and Amortization

20-30 years (Rate fixed for 3-10 years with automatic renewals)

Property Types

Retail, Office,…