SBA 504 & 7A LOAN PROGRAMS (Purchase – Refinance – Construction)

Loan Terms:

Loan Limits:                 $1M – $10M (higher case by case)
Recourse:                    Personal and Corporate
Loan Types:                Purchase, Refinance, Construction
Max LTV:                     80 – 90%
Occupancy Type:       Owner Occupied (Min 51%)
Territory:                    Nationwide
Property Types:          All Commercial Properties
DSCR Minimum:          1.0
Credit Needed:            600
Interest Rates:            4.0 – 7.0%
Amortization:               20 – 25 – 30
Term:                          3 – 5 – 10 – 25, fixed or quarterly adjustment
Loan Points:                0 – 2
Pre Pay Penalty:          Declining