Commercial Loan Rates
 |
Small Loan Programs – $500K to $5 Million
|
PROPERTY TYPE
|
INTEREST RATE*
|
DEBT COVERAGE
|
TERM
|
PREPAY
|
RATES AS OF
|
APARTMENTS
|
6.4%
|
1.35
|
10 yrs
|
Yes
|
4.14.09
|
COMMERCIAL
|
6.75%
|
1.30
|
10 yrs
|
Yes
|
4.14.09
|
MIX-USE
|
6.80%
|
1.25
|
10 yrs
|
Yes
|
4.14.09
|
TODAY'S APARTMENT RATE:
|
| 6.4% |
|
(as of 4.14.09) |
REQUIREMENTS
|
Note: The information provided here is preliminary for discussion purposes. This is not an offer or commitment. Rates, terms and conditions my be changed without notice. All transactions are subject to submission of a formal application, underwriting and written approval. Interest rate is locked upon accepted formal application.
CALL OUR OFFICE 415-281-3888
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MIN DEBT SERVICE
|
MAX LOAN TO VALUE = LTV
|
MIN PROCESSING FEE
|
APTS-1.35
|
APTS-65%
|
APTS-$3000
|
COMM 1.3
|
COMM-60%
|
COMM-$3000
|
|
|
|
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“Tiffany has helped us to appreciate the value of actively managing
mortgages to ensure favorable terms, excellent service, and ongoing relationships with banks
and financial institutions to meet our changing needs.”
J.J. Panzer, CCRM
