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Commercial Institutional Financing & Funding plus Hard Private Money Bridge Loans. 

bullet($1,000,000 to $15,000,000)
 
bulletQUALIFIED FINANCING: Acquisition, refinance, equity recapture
 
bulletTERM: 5, 7, 10, 15 or 20 year (25 year amortization)
 
bulletINTEREST RATE: 10 year loan 400 basis points over 10 year Treasury; 20 year loan 450 basis points over 10 year Treasury. All rates are fixed for term.
 
bulletRECOURSE: Negotiable
 
bulletRESERVE REQUIREMENTS: Three months debt service
 
bulletUNDERWRITING REQUIREMENTS: Minimum adjusted NOI not less than 150% of debt service. A 4% management fee must be deducted to determine adjusted NOI. Leased facilities: 115% of debt service.

© 1997 Met Mortgage Corp. 

Commercial Institutional Financing through out the US. Private Funding Hard Money, Apartments, Bridge Loans, Equipment, Office, Retail, Self Storage, Health, Hotel/ Motel, Industrial & Mixed-Use. Note and Mortgaging Purchasing.
 

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Apartments
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Equipment
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Health Care
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Self Storage