Lowest Mortgage Rates with Lender411
Login | Register (FREE!)
  • Refinance
  • Buying a Home
  • Loan Quote
  • Mortgage Rates
  • Find a Lender
  • Ask a Question
  • Credit
  • Mortgage Calculators
  • News & Blog
Lender411.com >> Articles >> Commercial Mortgage
Steve Dick

100% LTV Commercial Loan with 10% Prepaid Interest Escrow

Friday, June 25, 2010 - Article by: Steve Dick - Message

Link to this page Print RSS  

100% LTV Commercial Loan WITH 10% Prepaid-Interest Escrow

Basic Loan Terms :

    Minimum Loan Amount $1 Million. 

    Construction/Development, Acquisition, Refinance.

    Lender provides up to 100% Loan-to-Value financing.
    Cash-out is available on Acquisition.
    Borrower provides Liquid escrow deposit equal to 10% of Loan Amount - this serves as secondary collateral and is used for the initial Interest-only payments to assure performing loan.
    Interest-Only payments.
    Terms between 5 and 10 years.
    Non-Recourse.   No Application or due-diligence fees.
    Borrower pays for lender site-inspection expense.
    No Pre-Payment Penalty.
    However, typically points ARE charged on this loan.
    Closing costs may be financed.
    Rates for this loan program average 6%.
    Lender may ask for minor Revenue-Participation in exchange for low Interest rate.

    Other options may be presented at LOI - Letter of Intent (Offer of financing following Loan Request package).

Call 843-321-9878- 8-5PM EST

Or inquire at www.dedicatedcommercial.com

Link to this page Print RSS  
Leave a Comment

The asterisk * denotes a required field. spinner

  • Question
  • Recent Questions

Ask a Question

Get this widget
Get this widget
Copyright © 2012 Lender411.com. All rights reserved. Subscribe to our news feed.
Company Info
  • Home
  • About Lender411.com
  • Contact Us
  • Press
  • Site Map
For Consumers
  • Today's Mortgage Rates
  • Current Refinance Rates
  • Popular Loan Programs
  • No Closing Cost Refinance
  • HARP 2 Refinance Program
  • HARP 2.0 Eligibility Guidelines
For Professionals
  • Advertising
  • Mortgage Marketing
  • Mortgage Leads
  • Mortgage Calculators
  • Mortgage Blog
  • Free Mortgage Content
  • Mortgage Widgets
  • door_in Login | Register
Legal
  • Privacy Policy
  • Terms of Use