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 | Chicago, IL
312.263.6410 |
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Underwriting Criteria
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Loan Size
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$500,000-$3,000,000
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Prohibited Property Types
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Hospitals, ALF's, Nursing Homes, Health Care, Hotels, Motels, Casinos, Golf Courses,
Schools, Unimproved Land, Recreational Facilities, Movie Theaters, Parking Garages
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Location
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All 50 states plus Washington D.C.
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Terms
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Balloon: 5-15 years
Amortization: Maximum 25 years
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Debt Service Coverage
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Minimum 1.25x for Office, Industrial and Retail
Minimum 1.2x for multi-family
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Prepayment
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All loans Treasury make whole call protected
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