CMBS / Conduit
Home » Programs » Commercial Financing » CMBS / Conduit
Conventional Loans are available nationwide for various commercial properties. The interest rate is fixed for 1-5 years to adjustable with a standard 10-year term. Finance acquisitions and refinance to 85% LTV. The cash-flow is analyzed by dividing the net operating income by the proposed payment for a minimum 1.25% debt coverage ratio. This type loan typically requires minimum net worth equal to the loan amount, standard credit rating and liquidity to qualify.
Lending Criteria | Description |
Purpose: |
|
Property Type: |
|
Max Loan-to-Value: |
|
Minimum Credit Score: |
|
Prepayment Penalty: |
|
Maximum Debt-Service-Ratio (DSR): |
|
Recourse: |
|
Assumable: |
|
Broker Fee: |
|
Terms: |
|
Interest Only: |
|
Loan Amounts: |
|
Closing Timeframes: |
|
Amortization: |
|
Collateral: |
|
Impounds: |
|
Other Available Options: |
|
Other Costs: |
|