General Guidelines

Geographic Coverage:   All 50 states & Canada

Loan Size:    $1,000,000 and up

Loan Types:   Conventional & Conduit

Terms:  5-15 years on Fixed Rates

Loan to Value (LTV): 75% to 80%  & (CLTV): 90%

Loan Amortization:  30 years

Liability:  Non-recourse and recourse to borrower depending on loan program

Lender Costs:  $10,000 and up for 3rd party reports

Prepayment: Declining balance or yield maintenance

Closing Process:  Typically 45 to 60 days from receipt of a complete application

Assumability:  Yes