| OUR PROGRAM | |||
| PRODUCT HIGHLIGHTS | GENERAL PRODUCT FEATURES | ||
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| PROGRAM AND CREDIT FEATURES | |||
| LOAN PROGRAM | 3 year fixed – balloons at the end of 3 years | ||
| AMORTIZATION | 30 years amortization or interest only option available. | ||
| ELIGIBLE PROPERTIES | Multifamily, office, warehouse, self-storage, and mixed-use property types | ||
| INCOME | No Personal or Business tax returns required | ||
| LTV | Max LTV of 65% | ||
| LOAN AMOUNT | $5,000,000.00 to $100,000,000.00 | ||
| RECOURSE | Non-recourse with standard carve-out provisions required | ||
| BORROWER | All loan are required to close in the name of a Single Purpose LLC | ||
| TAX & INSURANCE ESCROWS | Tax & Insurance escrows required on all loans | ||
| FOREIGN NATIONALS | Borrower must have a checking account in a US based Bank | ||
| How we differentiate from Commercial Banks | |||
| LWG | Commercial Banks | ||
| √ Require Asset Documents Only | X Require Asset & Sponsor Documents | ||
| √ No Annual Tax Docs | X Annual Borrower Audits | ||
| √ Higher Borrower Cash Flow | X Annual Business Tax Docs | ||
| √ Require Asset Documents Only | X Increased Insurance Requirements | ||
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