PRODUCTS

$1MM-$50MM Loan Amounts
Up to 80% Loan to Value Maximum, 75% for Student Housing, Concentrated Housing, or “Very Small Markets” - less than 20,000 MSA’s
5, 7, 10, 12, or 15 year Fixed Terms, or, 5, 7, or 10 year Hybrid ARM products available
Non-Recourse Available – Standard Carve-outs apply
Prepayment Options – Yield Maintenance or Various Stepdown Options – spread/bps add-ons may apply for stepdown options
Up to a full 10 year Interest Only available in top markets, I/O spread/bps add-on applies for each year of I/O
Nationwide Markets, Continental US Only

$5MM-$50MM Loan Amounts for Primary Markets
$1MM-$20MM for Secondary/Destination Markets
Up to 70% Loan to Value Maximum for Purchases or R/T Refinances,
Up to 65% for Cash-out Refinances
3, 5, 7, 10, 12, or 15 year Fixed Terms, or, 3, 5, 7, or 10 year Hybrid ARM products available
Recourse & Non-Recourse Available – Standard Carve-outs apply for Non-Recourse
Prepayment Options – Yield Maintenance or Various Stepdown Options – spread/bps add-ons may apply for stepdown options
Up to a full 10 year Interest Only available in top markets, I/O spread/bps add-on applies for each year of I/O
Nationwide Markets, Primary Markets Preferred, Secondary and Destination Markets Considered, Continental US Only
Flagged Properties Preferred, not required in Destination Markets

$5MM-$50MM Loan Amounts
Up to 75% Loan to Value Maximum, 70% for “Very Small Markets” - less than 20,000 MSA’s – Up to 85% CLTV w/ Mezzanine 2nd
5, 7, 10, 12, or 15 year Fixed Terms, or, 5, 7, or 10 year Hybrid ARM products available
Non-Recourse Available – Standard Carve-outs apply
Prepayment Options – Yield Maintenance
Up to 5 year Interest Only available in top markets, I/O spread/bps add-on applies for each year of I/O
Nationwide Markets, Continental US Only

$5MM-$50MM Loan Amounts
Up to 75% Loan to Value Maximum, 70% for “Very Small Markets” - less than 20,000 MSA’s
5, 7, 10, 12, or 15 year Fixed Terms, or, 5, 7, or 10 year Hybrid ARM products available
Non-Recourse Available – Standard Carve-outs apply
Prepayment Options – Yield Maintenance
Up to 5 year Interest Only available in top markets, I/O spread/bps add-on applies for each year of I/O
Nationwide Markets, Continental US Only

$5MM-$50MM Loan Amounts
Up to 75% Loan to Value Maximum, 70% for “Very Small Markets” - less than 20,000 MSA’s
5, 7, 10, 12, or 15 year Fixed Terms, or, 5, 7, or 10 year Hybrid ARM products available
Non-Recourse Available – Standard Carve-outs apply
Prepayment Options – Yield Maintenance
Up to 5 year Interest Only available in top markets, I/O spread/bps add-on applies for each year of I/O
Nationwide Markets, Continental US Only

$3MM-$50MM Loan Amounts
Up to 75% Loan to Value Maximum, 70% for “Very Small Markets” - less than 20,000 MSA’s – Up to 85% LTV w/ Mezzanine 2nd
5, 7, 10, 12, or 15 year Fixed Terms, or, 5, 7, or 10 year Hybrid ARM products available
Non-Recourse Available – Standard Carve-outs apply
Prepayment Options – Yield Maintenance
Up to 5 year Interest Only available in top markets, I/O spread/bps add-on applies for each year of I/O
Nationwide Markets, Continental US Only

$1MM-$10MM Loan Amounts
Up to 85% Loan to Value Maximum, 80% for “Very Small Markets” - less than 20,000 MSA’s
3, 5, 7, 10, 12, or 15 year Fixed Terms – All Quarterly Adjustable based on PRIME Rate plus a spread
15, 20, or 25 year fixed rate options
Recourse Option Only – Typically 25 year amortization Max
Prepayment Options – Step Down declining
Up to 12 months Interest Only available in top markets
Nationwide Markets, Continental US Only
New Construction Available for up to $7MM Loan Amounts in select markets