THE LOW RATE PROGRAM
Do your small-balance commercial clients need more flexibility than banks are able to provide?
Be the hero for your borrowers – offer the Low Rate Program and help them lock in the best alternative solution for their needs.
PROGRAM PERKS FOR CREDIT-WORTHY BORROWERS:
Rates as low as 4.250%
Fast closings
Cash-outs available
PROGRAM HIGHLIGHTS
LOAN AMOUNTS: Up to $5MM
INTEREST RATES: As low as 4.25%
MAX LTV: 75%
AMORTIZATION: Up to 30 years
PROPERTY TYPES: Multifamily, Mixed-Use, Office, Retail, Light Industrial, Warehouse, Self-Storage, Mobile Home Park, Office Condo
LOAN PURPOSE: Purchase, Refinance, Cash-Out Refinance
LOAN TO VALUE (LTV): Max 75%
PREPAYMENT: 5% for 5 years, 5% for 3 years, Declining (5,4,3,2,1)
OCCUPANCY: Investor and Owner-Occupied
BORROWER: U.S. Citizens, Permanent Resident Aliens, Legal Entities