Definition - Suited for multi tenant properties such as apartment buildings, shopping centers, office buildings, and many other property types where the borrower will occupy 25% less of the property. Loans are underwritten using the properties cash flow and the borrower's personal income is only used to determine ability to service personal debts.

Real Estate Loans Program Guidlines:

• 80% LTV on most property types.
• CLTV up to 85%.
• Loan amounts from $250,000 to $15mm.
• Fixed rate options up to 10 years.
• 30 year amortizations on most property types.
• Debt Service Coverage Ratio down to 1.15.
• Multiple prepayment options available.

Real Estate Loans Program Benefits:

• Low down payment.
• Secondary financing allowed; we do not provide.
• Long fixed rates with low payments.
• Easy to qualify DSCR (Debt Service Coverage Ratio).
• Flexible prepayment choices available.