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Rate Information from my friends at American Bank!
Expanded Rate Buster
$250K to $8 Million
Multifamily 5+ Units
Mixed Use
Mobile Home Parks 15+ Pads
Seller Carry Back to 85% CLTV with 75% 1st +10% seller carry back 2nd
Population 50,000+
PAR Pricing February 29, 2008
3 Year 5 Year 7 Year 10 Year LTV Amortization Annual Credit
Hybrid Hybrid Hybrid Hybrid Index Margin CLTV DSCR Term Cap Score
. .
6.00% 6.25% 6.875% 7.125% 6 MO 2.75 75% 1.15 to 30 /30 2% 650+
Rate Buster Program
Multifamily 5+ Units & Mixed Use Only $750K to $100 million
February 29, 2008
5 Yr. Fixed Balloon Min DSCR Max LTV Amortization
RATES
≤ $3 million ≥ $3 million
Yield Maintenance PPP 1.20 80% 30 6.01% 5.44%
Lasts 4.5 Yrs. 1.35 65% 30 5.83% 5.24%
1.55 55% 30 5.63% 5.10%
5 Yr. Fixed Hybrid 1.20 80% 30 6.26%
5, 4, 3, 2, 1 PPP 1.35 65% 30 6.09%
Step Down PPP 1.55 55% 30 5.89%
7 Yr. Fixed Balloon Min DSCR Max LTV Amortization
RATES
≤ $3 million ≥ $3 million
Yield Maintenance PPP 1.20 80% 30 6.02% 5.74%
Lasts 6.5 Yrs. 1.35 65% 30 5.88% 5.58%
1.55 55% 30 5.72% 5.48%
. .
7 Yrs. Fixed Hybrid Min DSCR Max LTV Amortization
RATES
≤ $3 million ≥ $3 million
Yield Maintenance 1.20 80% 30 6.24%
7 Yrs PPP 1.35 65% 30 6.10%
1.55 55% 30 5.94%
10 Yr. Fixed Balloon Min DSCR Max LTV Amortization
RATES
≤ $3 ... more

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