Conventional
Standard financing from commercial banks for more traditional loan requests.
| Property Type: | All Property Types Considered |
| Loan Minimum: | $750,000 |
| Loan – to – Value: | Up to 80% |
| DSCR: | 1.20 – 1.25 |
| Recourse: | Full (Partial or nonrecourse at lower Loan-to-Value %) |
| Fixed Rate Period: | Floating, 6 month, 3, 5, 7, 10, 15 Years |
| Term: | 3 – 30 Years |
| Amortization: | 15 – 30 Years |
| Pre-payment Penalty: | Declining Balance. Length depends on program. (ie: 5%, 4%, 3%, 2%, 1% in years 1 – 5) |
| Interest Only: | Not Currently Available |
| Special Programs: | None |
