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Mixed Use Property Financing
Loan Program Features $1 Million and up with no Maximum
Loan Term Fixed Rates for 5,7,10 years
Ammortization 15 - 30 years
Loan-to-Value Up to 75% (90%with MEZZ CAP)
Debt Service Ratio 1.25 or more
Closing Time 30 - 60 Days
Rate Lock Period 60 Days
Reserves .25 - 2.75 psf
TI / LC's .75 psf
Vacancy 10%
Management 5%
Prepayment Options Defeasance-Yield Maintenance
Recourse NO -All loans are non-recourse with the exception of required carve outs
Application Fee None
Initial 3rd Party Fees $15,000 to $25,000
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 Yeild Maintenance
- Rates YES...from 160 to 190 BPS over respective US Treasury : example 10 yr 4.49%+169= 6.18%
Call 866-372-FLAT
Today for a list of documents required for a Mixed Use Property Commercial Loan Submission
The preferred loan source for low rate,fixed rate, long term financing is a Conduit (CMBS) Loan
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