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www.Commercial Returns.Com
Loan Terms
Loan Amount: $1,161,216
Maximum Loan-To-Value Ratio: 80%
Amortization: 30 Years
Fixed Rate period: 30 Years
Interest Rate: 7.15 as of 7-23-07
Monthly P&I Payment: $7,233.09
Non-Recourse
Assumable: Yes, with a 1% fee
Supplemental Financing: Yes (after the first 12 months subject to lender’s approval)
Prepayment: Yield Maintenance for 15 years
Minimum DSC: 1.25
Tax and Insurance Escrow: Required
Other rate and term options are also available.
Closing Fees
Origination Fee: 2% (of final gross loan amount)
Processing Fee: $1,200
The above are all of our fees, although there will be fees charged by others such
as survey and title insurance, escrow closing fees, etc. at closing, and interim
interest may apply depending on the time of the month you close. You will be
required to retain an attorney of your choosing to handle matters relating to this
closing and will be responsible for your counsel’s fees.
Loan Amount: $1,161,216
Maximum Loan-To-Value Ratio: 80%
Amortization: 30 Years
Fixed Rate period: 30 Years
Interest Rate: 7.15 as of 7-23-07
Monthly P&I Payment: $7,233.09
Non-Recourse
Assumable: Yes, with a 1% fee
Supplemental Financing: Yes (after the first 12 months subject to lender’s approval)
Prepayment: Yield Maintenance for 15 years
Minimum DSC: 1.25
Tax and Insurance Escrow: Required
Other rate and term options are also available.
Closing Fees
Origination Fee: 2% (of final gross loan amount)
Processing Fee: $1,200
The above are all of our fees, although there will be fees charged by others such
as survey and title insurance, escrow closing fees, etc. at closing, and interim
interest may apply depending on the time of the month you close. You will be
required to retain an attorney of your choosing to handle matters relating to this
closing and will be responsible for your counsel’s fees.
RECENT LOAN QUOTE
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We have a good working relationship with multiple lenders enabling
our borrowers to secure the best possible rate and terms for their
property. We have a wide variety of loan programs. We beat local
bank rates and terms period.
our borrowers to secure the best possible rate and terms for their
property. We have a wide variety of loan programs. We beat local
bank rates and terms period.
Loan programs:
LTV's: 90%, 80%, 70%
Rates of interest: At or below local bank rates
Amortization: 15, 20, 25, 30 and year amortizations
Fixed period: 7,10,15,20,25, and 30 year
LTV's: 90%, 80%, 70%
Rates of interest: At or below local bank rates
Amortization: 15, 20, 25, 30 and year amortizations
Fixed period: 7,10,15,20,25, and 30 year