Loan type
Construction
Bridge
Secured & Unsecured (LOC & Term)
Business Loans
Mini-perm loans
Perm Loans
504 SBA
PARAMETERS
up to 80% LTV and 85% LTC
DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x
DSCR Projection based on new development or business
Term 5 yr – 10yr or longer in some cases
Up to 25 yr am
Rate – floating of fixed
Rates WSJ Prime +/-
(6.5% – 7.5%) +/- range right now
Gregory Wade
grwade26@gmail.com
GDW Investment Group