Property Types: OFFICE - INDUSTRIAL - BIG BOX ANCHORED - MULTI-FAMILY - SELF STORAGE - RETAIL - SPORTS FACILITIES - HEALTHCARE - HOSPITALITY- RESTAURANTS - GAS STATIONS
No Prepayment Penalites -30 Day Locks Available - 30 Year Amortizatons - Interest Only
LOAN PRODUCTS :
Quarterly Adjustible with Balloon in 5 Years, 2 % Max Adjustment, 5% Maximum
1 Year Fixed with Annual Adjustment ending with a 5 Year Balloon
3 Year Fixed, then two annual adjustments ending with a 5 Year Balloon
5 Year Fixed, adjustment for 5 Years ending with a Balloon
7 Year Fixed, loan is due at the end of the term
1 Million to 30 Million Loan Amounts (8M on Spec Purpose Properties)
Very Competitive Rates - Please Provide Us The Details of the Transaction
The Capital is provided through a consortium of credit union depository syndicated funds.
Credit Union Membership is required but not a problem to qualify
All Loans Require Personal Recourse and Loans are Based Solely on the Value of the Real Estate. No Equipment, Business Valuation or Good Will will be Financed. Borrower must have proper experience and management ability to self manage. Loans are not assumable
Approximately $11,000 in Third Party Fees Depending on Property Type, unused fees are returned
