| |
The
BANK
CUT Rates (by 0.5% to 1.5%)
And
YSP
(BUT – We’re
Still Funding YOUR
Commercial Loans)
BIG
Changes:
-
FLOATING
Rates Cut to 5.75% for ALL Properties – Purchase or
Refinance
-
FIXED
Rates Cut by 1.0% to 1.5% for ALL Properties – Purchase or
Refinance (6.85%-7.75%)
-
Bank is Charging 2.0% Origination
Fee – Includes
1.0% for YOU – NOT
Disclosed.
-
NO Cash-Out
Available with ANY Loan Program
(Except for FUTURE Construction).
|
Bank
Eliminated Funding for several Property Types including:
|
- Most Restaurants
- ALL Nightclubs/Bars
- Athletic/Gym Facilities
- ALL Vehicle Dealerships
- Hotels over 15 Years Old
Mobile Home and R.V. Parks
|
- Car Washes and Gas Stations
- Multi-Family/Apartments
- Churches and Church-Owned
Properties
- ANY Start-up Business
|
Sample RATES: (Download
RATE-SHEET for ALL Details)
OWNER-OCCUPIED/OPERATED PURCHASE or CONSTRUCTION
to 90% LTV
|
Property
Type |
Loan
Amount |
LTV (SBA) |
Floating |
3-Year
Fixed |
5-Year
Fixed |
Term |
|
Multi-Use Properties.
Office Buildings/Condos
Multi-Store Retail Centers
Warehouse/Lite Industrial
|
$150,000 to $5,000,000
($360,000
SBA Min.) |
90%
Max. |
5.75% |
6.25% |
6.85% |
25
Years |
|
Special-Use Property
Mixed-Use (50% LTV)
Schoos/Day Care
Auto.Service Shop
Assisted Living Homes
Salons, Stores, Shops
Self Storage
(50% LTV)
Bowling Alley/Golf Club
Metal Buildings |
$150,000 to $3,000,000
($320,000
SBA Min.) |
80%
Max. |
5.75% |
6.75% |
7.50% |
20
Years |
NON-OWNER-OCCUPIED
PURCHASE/CONST. &
ALL REFI’s
up to 60%
LTV
|
Property
Type |
Loan
Amount |
Max. LTV |
Floating |
3-Year
Fixed |
5-Year
Fixed |
Term |
|
Multi-Use Properties. |
$150,000 to $4,000,000 |
60% |
5.75% |
6.75% |
7.35% |
20
Years |
|
Special-Use Property |
$150,000 to $2,500,000 |
50% |
5.75% |
7.00% |
7.75% |
20
Years |
Download our Latest Rate Sheet
Freedom Capital, LLC
8687 Via de Ventura - Suite 209
Scottsdale, Arizona 85258
480-346-7429
FreedomCapital@msn.com
(E-Mail or Call for
Complete Broker Package)
www.FreedomCapital.biz
(NO Apartments,
No Residentials, Gas
Stations, Homes, Churches, etc. - PLEASE) |