office building financing
For Cash-out, Refinance, Acquisition, Rehab and Ground up Construction.
* Loan Amounts: $500,000 to $500 million
* Nationwide
* Interest Rate: 7.95% to 9.25% (Varies with property type, LTV, Location, Credit Score and underwriting)
* Origination Fees: Varies
* LTV: Finance up to 80% of the purchase price
* Refinance: Up to 75% of appraised value
* Term: 5, 7 or 10 years
* Amortization: 30 years
* Prepayment: Flexible
* Funding Timeframe: 3 to 6 weeks
* May require tax returns
* Credit: 620+
* Occupancy: 80%+ leased (lower LTV's for vacant and low occupancy
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