Preferred Product Type: Office, Medical Office, Warehouse, Retail
Location: Texas Urban/Suburban Areas with Population > 50k
Loan Amount: Minimum: $500,000 Maximum: $4,000,000
Term: Up to 20 or 25 Years Self-liquidating
Prepayment Penalty: Declining 5% Years 1 – 5 (Other Options Available)
Interest Rates: As Low as 3.36% Fixed Rate Lock: 30 Day Free
Origination Fee: 1%
Minimum DSC: 1.40x
Maximum LTV: 65%
Recourse: Required
Minimum Personal Credit: 675 with no prior bankruptcy
Minimum Equity Injection: 20%
Management Experience: Previous Ownership Required
Closing: 30 to 45 Days
Assumable: 1% Fee and Lender Approval
Subordinate Financing: Allowed Up to 15% of LTC/LTV Whichever is Less
contact us: 214 213 8967