Commercial Loan Terms

Fixed Rate:
3.00% - 5.00% depending upon leverage / property type / sponsorship

Floating Rate:
3.00% - 4.00% depending upon leverage / property type / sponsorship

Loan Term:
1 to 40 years depending upon property type
Forward (12-24 months) commitments

Amortization Period:
Up to 40 years depending upon property type

Loan Amount:
$500,000 and higher

Maximum Loan to Value:
75% to 100% depending upon property type

Prepayment Options:

  • Fixed
  • Yield Maintenance
  • Prepayment at par

Recourse:
Non - Recourse / No personal guarantees

Assumability:
Typically, loans are assumable subject to the lender's prior review and approval of the new owner.

Geographic Location:
Nationwide