| Every commercial real estate deal is different, with its own particular features and challenges. At MORTGAGE BANKERS, we specialize in designing financing solutions to fit the unique shape
of each individual project and back our products with the quickest
turnaround and best service in the industry. |
 |
|
Loan Size: $600,000 to 10,000,000.
|
ADJUSTABLE RATE LOAN PROGRAMS
|
Program
|
|
Index |
|
Margin |
| 1 Month Adjustable |
|
1 Month Libor
|
|
2.45% |
to |
3.12% |
Call our office
for the lowest
rates
|
| 1 Month Adjustable |
|
6 Month Treasury
|
|
2.55% |
to |
3.25% |
| 1 Month Adjustable |
|
12-MAT |
|
2.55% |
to |
3.50% |
Monthly Adjustable
|
|
11 Dist. COF |
|
3.90% |
to |
4.35% |
| FIXED RATE LOAN PROGRAM |
Program5-Year7-Year10-Year
15-Year Due in 15 Years |
Index |
|
Margin |
| 5 Year Treasury |
|
2.40% |
to |
2.95% |
Call our office
for the lowest
rates
|
| 10 Year Treasury |
|
2.40%
|
to |
3.10% |
| 10 Year Treasury |
|
2.60% |
to |
3.10% |
10 Year Treasury
|
|
2.70 |
to |
3.20% |
| |
Term
|
Adjustable |
|
5-25 Years |
| |
Fixed |
|
5-15 Years |
| |
| AmortizationLoan to ValueLoan FeeProcessing FeeLegal Cost Other CostsPrepayment |
25 Years Maximum |
|
|
| 70% Maximum |
|
| 1.00% |
|
| $500 |
|
| $2,500 |
|
| Appraisal Environmental |
|
|
Adjustable: First Year Only
Fixed: Declining Fee or YieldMaintenance
|
|
hRates and Terms are subject to change according to market condition
|
For small businesses that wish to purchase or refinance their
business location and occupy at least 51% of the total rentable area,
MORTGAGE BANKERS offers highly competitive NO FEE owner/user loan
programs.
10 YEAR FIXED PROGRAM
| Loan Amount |
$100,000 - $1,000,000 |
| Amortization |
30 Years
|
Term
|
5 - 10 Years |
Start Date
|
Contact our office for best rates |
Loan Free
|
NONE |
Documentation Fee
|
Only $500 |
Appraise Fee
|
From $400 to full appraisal at $3,000 (50% rebate at closing)
|
LTV
|
Up to 80%
|
| Down Payment |
As low as 25%
|
| Prepay Penalty |
For the fixed |
15 years due in 15 years program is also offered to borrowers with strong cash-flow
|
|
