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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 |
Designed
for the borrower that wants a more traditional institutional
underwriting process. |
| Traditional
Direct Conduit |
$2,000,000
+ |
Select
rates available for 5,7,10 and 15 year term loans - Loans
up to 80% for multi-family and certain commercial properties. |
| Stated
Small Business |
Loans
up to 90% of value. $100,000 - 1,500,000 - |
Offered
only if we do senior loan - Increases of 5% generally available.
Greater than 5% on an exception basis. No additional underwriting
required |
| Credit
Tenant Lease |
Investment
Grade, All grades considered - Minimum loan amount of $800,000. |
Small
balance purchase or refinance - Credit score driven - |
| 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. |
| 90%
Program |
Portfolio
Product, Quick Close, Limited Property Analysis Credit Score Driven
$100,000 - $1,500,000- 90% - 1M max. |
Now
funding a wide variety or property types under this program.
Call for details. |
| Stated
Income Program #1 |
From
$250,000 to $3,000,000 |
No
Borrower tax returns or income validation required. |
| Stated
Income Program #2 |
From
$250,000 to $1,000,000. This program bridges the gap between bank
quality loans and hard money financing. |
No
Borrower tax returns or income validation required and property income
is stated as well. |
| No
Prepayment Penalty program |
$1,000,000
to $50,000,000 |
Fixed
rate 5,7 and 10 year fixed rate programs with no pre-payment penalty.
Limited availability on 10 year fixed rate term. All commercial
property types including hospitality and health care |
| 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. |
|
Programs subject to
change without notice.
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