Every commercial
real estate deal is different, with its own particular features
and challenges. At MORTGAGE
BANKERS,
we specialize in designing financing solutions to fit the unique shape of
each individual project and back our products with the quickest turnaround
and best service in the industry.
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Loan
Size: $600,000 to
10,000,000. |
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ADJUSTABLE RATE LOAN PROGRAMS |
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Program
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Index |
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Margin |
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1 Month Adjustable |
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1 Month Libor |
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2.45% |
to |
3.12% |
Call our office For the Lowest rates |
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6 Month Adjustable |
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6 Month Treasury |
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2.55% |
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3.25% |
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6 Month Adjustable |
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12-MAT |
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2.55% |
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3.50% |
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Monthly Adjustable |
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11 Dist. COF |
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3.90% |
to |
4.35% |
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FIXED RATE
LOAN PROGRAMS
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Program
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Index |
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Margin |
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5-Year |
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5 Year Treasury |
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2.40% |
to |
2.95% |
Call our office For
the Lowest
rates |
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7-Year |
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10 Year Treasury |
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2.40% |
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3.10% |
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10-Year |
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10 Year Treasury |
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2.60% |
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3.10% |
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15-Yr. Due in 15 Yr. |
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10 Year Treasury |
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2.70% |
to |
3.20% |
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Term: Amortization: Loan to Value Loan Fee: Processing Fee: Legal Costs: Other Costs: Prepayment Fee: |
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Adjustable:
5-25 Years. Fixed:
5-15 Years. 25
Years maximum 70%
maximum 1.00% $500 $2,500 Appraisal,
Environmental Adjustable:
First Year only Fixed:
Declining fee or Yield Maintenance |
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hRates and Terms
are subject to change according to market condition
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For small businesses that wish to purchase
or refinance their business location and occupy at least 51% of the
total rentable area, MORTGAGE BANKERS
offers
highly competitive NO FEE owner/user loan programs.
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10 YEAR FIXED PROGRAM |
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Loan Amount: |
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$100,000 - $1,000,000 |
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Amortization: |
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30 years |
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Term: |
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5 to 10 years |
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Start Rate: |
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Contact our office for best rates |
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Loan Fee: |
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NONE |
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Documentation Fee: |
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Only $500 |
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Appraisal Fee: |
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From $400 to full appraisal at
$3,000 (50%
rebate at closing)
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LTV: |
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Up to 80% |
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Down Payment: |
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As low as 25% |
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Prepay Penalty: |
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For the fixed period of the loan |
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15 years due in 15 years program is also offered to borrowers with strong cash-flow |
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