LENDING PARAMETERS
TEMPORARY LENDING PARAMETERS
| INTEREST RATES | 7.90% – 8.90% interest only |
| LOAN TO VALUE | Up to 50% LTV |
| LOAN AMOUNTS | $1,000,000 – $5,000,000 |
| ORIGINATION FEE | 0.50 – 2.0 points, depending on loan size and length of the term |
| EVALUATION/ PROCESSING FEE |
$750 – $1,500, depending on location |
| LOAN MATURITIES | 1 – 12 months |
| LOCATION | California Only |
| TYPES OF LOANS | Acquisition, Refinance and Cash-Out |
| TYPES OF PROPERTIES | Multifamily |
| LIEN POSITION | First Trust Deeds Only |
| PERSONAL GUARANTY | Not Required |
| PREPAYMENT PENALTY / YIELD MAINTENANCE | None |
