Mixed-Use Full Doc

Page 1

MIXED USE PREMIUM

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


GENERAL PARAMETERS

MIXED USE PROPERTIES

Loan Amount

$750,000 to $3,000,000

Amortization

Up to 30 years

Maximum LTV

75% LTV

Subordinated Financing

Not available

DSCR

1.30x

Minimum Fico Score

680 Middle Score

Fixed Period

5 & 7 Years Options

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

5.50% Fixed

Rate Lock

Until Loan Docs are drawn

Personal Recourse

Required

Prepayment

Declining 5,4,3,2,1%

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

Purchase, Refinance, Cash Out Refinance

Eligible Property Types

Mixed Use Properties

Brokers

Protected

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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.