Rate: 9.9% to 11.9% Fixed

Points: 2 to 4

Loan Amounts: $500,000 to $2,500,000

Amortization: 15 Years

Term: 15 Years

Collateral: All property types considered except owner occupied. The borrower’s thick equity position and financial strength mitigates the issue of current vales and liquidity. Even with passive investment land collateral. LLCs with multiple guarantees provides a greater ability to qualify . The borrowers invested risk capital and strong credit and income are the key approval factors not the LTV.

Notes:

• No owner occupied residential properties
• Appraisal: Bpo, appraisal review or appraisal by lender
• No construction
• Pre-Payment Penalty: 5% for the first five years
• Pre-payment penalty can be adjusted to 5%, 4%, 3%, 2%, 1%, add one point.
• Full Recourse