For workout and limited rehabilitation

strip mall
Strip Mall

 

1) Loan Amounts

2) Recourse

3) Loan to Value

4) Minimum Debt Service

5) Rates

6) Amortization

$750K-$10M

None

Max 75%

1:25DSC

5.00% starting at 5%

Term Up to 2,3, 4 yr fixed

 

 

Rate depends on market conditions at time of rate lock. . Transactions costs run from $2,500 to $7,500 for Processing Fees, Plus Expense deposit for 3rd parties, legal and out of pocket expenses.