Commercial Loan Criteria
Interest Rate
5-Year CMT + 2.00%–2.50%
Rate resets after year 5 for 10-year terms
LTV
Up to 85%
of the property’s appraised value (65% for franchised hotels and restaurants)
Loan Amount
$1M to $50M
Loan Terms
5 – 10 Years
Flexible terms with long amortization options
Recourse
Full Recourse
Use of Proceeds
Acquisition, Refinance, Property Improvement