COMMERCIAL LOANS

Loan Amounts:            $200,000 to $2,000,000

Rates:                           Highly competitive with a wide array of rate plans, including:                                

Loan Terms:                 6 months, 2, 3 and 7 year ARM with 15, 20 & 30 year amortization
                                         15 year fixed with 15-year amortization                                                                                      
                                         20 year fixed with 20-year amortization                                               
                                         30 year fixed with 30-year amortization

Loan to Value:          Varies with Credit Score and Property type.

Eligible Properties:     

Tier I:   Multi Family and Mixed Use

Tier II: Office, Retail, Warehouse, Bed & Breakfast, Self Storage, Mobile Home Park (< 25% RV)

Territory:                      Available in most major markets.

Fees:                            Varies with type property and age

Prepayment:              Varies with loan Program

Arms Caps:               Varies with loan Program  

Arm Margin:             Varies with loan Program

Additional INFO:     Dry Closings: 48 hours to fund

  Environmental Insurance required on all properties (must submit AIG questionnaire with loan)

                                    Tax and Insurance Escrow Required.

Trust, LLC, Corporate entity acceptable on all products with personal guarantee.

                                    Seller Second up to 20% of property value

                                                (Rate and margin increase 1% & max LTV decreases by 5%)

                                    Unlimited Cash Out on Refi’s.

                                    Loans are assumable for 1% upon approval                  

Phase I:                        Not required on most properties.