• ICA fully underwrites each loan and performs detailed due diligence
• Maximum LTV 75% – ICA loans the lesser of internally determined or appraised value
• Minimum Debt Service Coverage of 1.25x on office, retail and industrial properties, 1.2x on multi-family
• Appraisal by a 3rd party state certified MAI appraiser
• Terms quoted and application signed by borrower
• Mortgage banker prepares full loan submission for approval once it is signed by the borrower
• Upon commitment & acceptance – lenders’ counsel engaged for closing