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. |