Commercial Real Estate Loans Availible
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This document provides information on commercial real estate loans, listing property types that are eligible including hotels, shopping centers, offices, and industrial facilities. It specifies loan terms such as an LTV of up to 80%, an interest rate of 5.5% as of May 2010, fees of 1% plus third party costs, and a mortgage insurance premium of 1%. The loan has a term and amortization period of 20 years each. It concludes with a quote by Einstein about the limitations of only considering quantifiable factors.
Commercial Real Estate Loans Availible
- 1. Commercial Real Estate Loans AVAILABLE Up To 80% LTV
- 2. Property Types ª Hotel/Motel ª Shopping Centers ª Office Buildings ª Industrial ª Education and Training Facilities
- 3. Loan Terms ª LTV: Up to 80% ª Interest Rate: 5.5% (As of 05/13/10) ª Fees: 1% plus third party cost ª Mortgage Insurance Premium: 1% ª Term: 20 Years ª Amortization: 20 Years
- 4. "Not everything that counts can be counted, and not everything that can be counted counts." (Sign hanging in Einstein's office at Princeton) Call: 248-525-3682 *** Email: sbanicki@leelanaucapital.com