Office Building / Condo Financing

Loan Program Features $1 Million and up with no Maximum

Loan Term                 Fixed Rates for 5,7,10 years

Amortization              15 - 30 years

Loan-to-Value            Up to 90% ( with MEZZ CAP )

Debt Service Ratio      1.25 or more

Closing Time               30 - 60 Days

Rate Lock Period         60 Days

Reserves                   .10 psf

TI / LC                      .70 psf

Vacancy                     7%

Management                4%

Prepayment Options       Defeasance-Yield Maintenance

Recourse                      NO

Non-Recourse                YES except for standard carve-outs

Application Fee               None

Initial 3rd Party Fees       $15,000 to $25,000