Portfolio Commercial and Apartment Loans for California Bay
Area Counties and select Southern California Counties including Los Angeles
and Orange County
Apartment Loans and Commercial Mortgage Loans for properties located in San Francisco, Santa Clara, San Mateo,
Sonoma, Marin, Napa, Lake, Mendocino and Humboldt Counties.
Low Points and Third Party Costs! 30 year
amortization, even on commercial properties! Negative Debt Service OK on 5 to 12
units!
Stated Income and Interest Only options
Available!
Commercial programs encompass a vast range of
property types including Office, Retail, Industrial, Strip Centers,
Mobile Home Parks, Industrial, Student Housing, Mixed Use, Self-Storage, Single
Tenant, Auto Centers, etc. Additional premiums will be
charged for sub-prime property types or condition.
Second Mortgages and Equity Lines are also
available.
Call for additional loan programs for
Vineyards, Building Lots, Unimproved Land and Construction Financing.
For Loans from $100,000 to $5,000,000
Rates vary according to Loan Amount and Point
Structure
| LTV |
Program |
Start Rate* |
Points** |
Index / Margin* |
Notes* |
| 75% |
Fixed for 3 Years
|
5.50 to 6.250 |
0.00 - 1.50 |
12 Month Average Treasury
Maturity / 2.50 to 2.75 |
30 Yr. Fully Amortized, 11.250%
to
11.500% Life Cap, Apartments
|
| 75% |
Fixed for 5 Years
|
6.150 to 6.900 |
0.00 - 1.50 |
12 Month Average Treasury
Maturity / 2.50 to 2.75 |
30 Yr. Fully Amortized, 11.250%
to
11.500% Life Cap, Apartments
|
| 75% |
12 MTA Adjustable
|
5.425 to 5.925 |
0.00 - 1.50 |
12 Month Average Treasury
Maturity / 2.50 to 3.00 |
30 Yr. Fully Amortized, 11.250%
to
11.500% Life Cap, Apartments
|
| 75% |
Fixed for 3 Years
|
6.150 to 6.900 |
0.00 - 1.50 |
12 Month Average Treasury
Maturity / 2.75 to 3.00 |
30 Yr. Amortized, Due in 10 - 11.250%
to
11.500% Life Cap, Commercial |
| 75% |
Fixed for 5 Years
|
6.550 to 7.300 |
0.00 - 1.50 |
12 Month Average Treasury
Maturity / 2.75 to 3.00 |
30 Yr. Amortized, Due in 10 - 11.250%
to
11.500% Life Cap, Commercial |
| 75% |
12 MTA Adjustable
|
5.825 to 6.325 |
0.00 - 1.50 |
12 Month Average Treasury
Maturity / 2.50 to 3.00 |
30 Yr. Amortized, Due in 10 - 11.250%
to
11.500% Life Cap, Commercial |
Apartment or Commercial
Application
See Also:
Main
Commercial & Apartment Loan Page for many more apartment and commercial
loan programs.
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