Commercial Full Doc

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COMMERCIAL PREMIUM

1. 888. 358 . 3444 WWW.METWESTONLINE.COM

FULL DOC


GENERAL PARAMETERS

COMMERCIAL PROPERTIES

Loan Amount

$500,000 to $5,000,000

Amortization

Up to 30 years

Maximum LTV

70% LTV

Subordinated Financing

Not available

DSCR

1.30x

Minimum Fico Score

680 Middle Score

Fixed Period

5, 7 & 10 Years Options

Rate Structure 2% Initial, 1% per 6 month., 5% Life Cap Rates starting at

6.25% Fixed

Rate Lock

Until Loan Docs are drawn

Personal Recourse

Required

Prepayment

Declining 5,4,3,2,1%

States FL, NY, NJ, CA,TX, CO, PA, NC, SC,TN Transaction Type

Purchase, Refinance, Cash Out Refinance

Eligible Property Types

Office, Retail, Light Industrial, Self -Storage, Mobile Home Parks

Brokers

Protected

Metwest is a Correspondent Lender financing small-balance commercial properties nationwide


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