Loan Parameters
We are generally making loans with the following basic parameters.
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Interest Rates: | 2.50 over the WSJ Prime Rate at closing. |
Maturities: | 5 years |
Interest Guarantee: | Three Years |
Amortization: |
None Interest Only |
Points to KDM: | 2.00% |
Property Types: | Multifamily, Small Retail Shopping Centers, Warehouses, Office Space |
LTV: | 65-67% |
Rating: | Minimum “A” by our rating agency. |
Locations: | Generally all major metro areas and other prime distribution points. |
Fees to Loan Originators: |
Introducing brokers may add up to 2.00% to each loan. |