Rates

CURRENT RATES effective Thursday, September 21st 2017

 

MULTI-FAMILY
Max LTV Fixed Term Max. Amortization Loan Amount < $3,000,000 Loan Amount > $3,000,000
Purchase -80% Floating 30 3.25% 6.00% 3.25% 6.00%
5-year 30 4.13% 6.00% 3.53% 6.00%
Rate & Term -80% 7-year 30 4.20% 6.00% 3.60% 6.00%
10-year 30 4.39% 6.00% 4.19% 6.00%
Cash Out-75% 15-year 30 4.50% 6.25% 4.42% 6.25%
30-year 30 6.00% 6.85% 5.80% 6.85%
NNN / OFFICE / RETAIL / INDUSTRIAL /SELF-STORAGE / HOSPITALITY
Max LTV Fixed Term Max. Amortization Loan Amount < $1,500,000 Loan Amount > $1,500,000
Purchase -80% Floating 25 3.25% 6.00% 3.05% 6.00%
5-year 25 3.75% 6.00% 3.75% 6.00%
Rate & Term -80% 7-year 25 4.38% 6.25% 4.38% 6.05%
10-year 25 4.50% 6.50% 4.25% 6.30%
Cash Out-75% Limited 15-year 25 4.75% 6.75% 4.50% 6.55%
OWNER OCCUPIED / SBA / USDA
Max LTV Fixed Term Max. Amortization Loan Amount < $1,500,000 Loan Amount > $1,500,000
Purchase -90% Floating 25 3.75% 6.00% 3.75% 6.00%
5-year 25 3.87% 6.00% 3.85% 6.00%
Rate & Term -85% 7-year 25 4.48% 6.05% 4.28% 6.00%
10-year 25 4.55% 6.30% 4.35% 6.10%
Cash Out-75% Limited 15-year 25 4.80% 6.55% 4.60% 6.35%
FARM / AGRICULTURAL
Max LTV Fixed Term Max. Amortization Loan Amount < $1,000,000 Loan Amount > $1,000,000
Purchase -80% Floating 25 2.21% 4.01% 2.21% 3.01%
3-year 25 2.41% 4.41% 2.41% 3.41%
5-year 25 2.87% 4.87% 2.87% 3.87%
Rate & Term -75% 7-year 25 4.14% 6.14% 4.14% 5.14%
10-year 30 4.11% 6.11% 4.11% 5.11%
10-year 10 3.32% 5.32% 3.32% 4.32%
Cash Out-75% Limited 15-year 15 3.89% 5.89% 3.89% 4.89%
15-year 25 4.33% 6.33% 4.33% 5.33%
CHURCH / RELIGIOUS / EDUCATIONAL
Max LTV Fixed Term Max. Amortization Loan Amount < $1,000,000 Loan Amount > $1,000,000
Purchase -90% Floating 30 3.94% 5.94% 2.95% 4.25%
5-year 30 3.99% 5.91% 3.75% 6.50%
Rate & Term -75% 7-year 30 3.12% 5.12% 4.32% 6.75%
10-year 30 3.69% 5.69% 4.50% 6.75%
Cash Out-75% Limited 15-year 30 4.13% 6.13% 5.25% 6.00%
30-year 30 6.00% 7.45% 5.75% 7.25%
REHAB / BRIDGE LOANS / HARD MONEY
Max LTV Fixed Term Max. Amortization Loan Amount < $1,000,000 Loan Amount > $1,000,000
Purchase -75% 3 Interest Only 7.00% 18.00% 7.00% 18.00%
Refinance – 75%

* Note: rates vary widely depending on borrower credit, LTV loan size, property condition, market conditions and other factors.