| Up
to $3 Million
Use
of Funds
•
Purchase or refinance of commercial real estate, with
cash out permitted
Qualifications
•
Multipurpose commercial real estate such as office,
industrial, and retail.
• No strip centers, unless anchored by strong
national brand.
Loan
Structure
•
Up to 50% financing
Terms
and Interest Rates
•
15 or 20 year loan terms, fully amortized (no balloon
payments)
• Variable rates based on Wall Street Journal
Prime published rate with repricing at least annually
• No interest rate caps available
• Competitive fee structure
|