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Apartment Conduit Crusher™

- $500,000 to $10 Million
- A or B Grade Property
- No Legal opinion
- No 10 Yr Balloon
- No Stress or Fitch Constraints
- Low 3rd Party Fees
- No Impound Replacement Reserves
- No Defeasance
- No Yield Maintenance
- No Signifigant Deferred maintainance
- Rates YES...from 155 to 180 BPS over respective US Treasury (rounded to the nearest 1/8): example 10 yr 4.49%+170= 6.35%
- NEW INTEREST ONLY OPTION ADD 10bps
No Mixed Use, Strong Financial Sponsor Required, Minimun 700 Credit Score, Easy Declining Prepay ,No Mortgage Lates, Minimum 1.15 DSCR on Rate & Term Refinancing
Converts in 121st Month NO BALLOONS!!!
This is a great product for Borrowers that do not want a conduit loan. A great conduit loan alternative
NEW Commercial Conduit Crusher™
- $500,000 to $10 Million
- A or B Grade Property
- No Legal opinion
- No 10 Yr Balloon
- No Stress or Fitch Constraints
- Super Low 3rd Party Fees
- No Impound Replacement Reserves
- No Defeasance
- No Yield Maintenance
- No Signifigant Deferred maintainance
- Rates YES...from 180 to 195 BPS over respective US Treasury (rounded to the nearest 1/8): example 10 yr 4.65%+1.80= 6.45%
Office Buildings Loans, Self Storage Loans, Retail Loans, Light Industrial Loans, Mixed Use Loans and MHP Loans
Strong Financial Sponsor Required, Minimun 700 Credit Score, Easy Declining Prepay ,No Mortgage Lates, Minimum 1.15 DSCR on Rate & Term Refinancing
Converts in 121st Month NO BALLOONS!!!
This is a great product for Borrowers that do not want a conduit loan. A great conduit loan alternative
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