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Recent turbulence in the sub prime mortgage and
capital markets, commercial real estate
professionals are, indeed, living in interesting
times. Whether blessing or curst very much
depends on where a company fits in the finance
equation: lender or borrower, holder of mortgage
backed securities or portfolio lender, residential
or commercial. A funding source's
reliability and predictability are EXTREMELY
important. Inconsistent timelines or terms, lack of
communication, and surprises just before closing
are the last thing you or your client can afford.
You can count our market expertise and flexibility
to deliver a quality offer and competitive terms
given your unique situation AND most
importantly, CLOSE YOUR LOAN.
As you can see, we have a wide range of commercial products available. If you
have any questions, please contact our offices for details - 317-663-3153.
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Capital
Markets Programs
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| Conduit
Direct Commercial |
$1,000,000
- $5,000,000 |
Currently
on hold at this time |
| Traditional
Direct Conduit |
$2,000,000
+ |
Currently
on hold at this time |
| Stated
Small Business |
Loans
to 75% of value $50,000 -
$500,000 |
Still
avaialble in 2010 - Available
for owner and non-owner occupied
businesses on a Nationwide
business |
| Credit
Tenant Lease |
Investment
Grade, All grades considered
- Minimum loan
amount of $1,000,000. |
Small
balance purchase or refinance
for an existing BBB+ or greater
credit tenant. Requires high
credit, net worth, liquidity,
experience, and large markets. |
| Portfolio
and Specialty Programs |
| Traditional
Commercial and Multi-Family
Loan Programs |
Loan
amounts from $500,000 to $50,000,000 |
Multiple
competitively priced fixed
and floating rate programs
available with terms up to
30 years. Many programs options
available including fixed
to floating programs and earn-outs.
Generally recourse but limited
and non-recourse programs
available. |
| Hard
Money Lender |
From
$250,000 to $1,000,000 |
No
Borrower tax returns or income
validation required - Pricing
is higher and directly related
to the overall risk of the
collateral and the borrower. |
| Hard
Money Lender |
From
$250,000 to $25,000,000+ This
program bridges the gap between
bank quality loans and hard
money financing. |
The
more information available
the better - Pricing is directly
related to the overall inherent
risk and duration of the note. |
| Church
Loans |
$500,000
+ |
Construction
and permanent program with
terms up t0 27 years, non-recourse
and no pre-payment penalty.
Interest only available for
up to 10 years. - Nationwide
footprint. |
|
Programs
subject to change without
notice.
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