CFG

Financing options for acquisition or refinance of RETAIL, OFFICE, INDUSTRIAL, and SELF STORAGE. Maintained relationships with a select number of top tier investors assures borrowers access to competitive pricing and terms.

MINIMUM LOAN: $5,000,000.00 LOAN TERM: 5, 7 or 10 Years AMORTIZATION: Up to 30 Years MINIMUM DSCR: 1.20x to 1.25x MAXIMUM LTV: Case by case basis INTEREST RATE: Fixed or adjustable rate options on an actual 360 basis ELIGIBLE PROPERTY TYPES: Retail, Office, Industrial and Self Storage TAX AND INSURANCE ESCROWS: Monthly Deposits Required REPLACEMENT RESERVES: Monthly Deposits Required RECOURSE: Case by Case. In Some Cases Non-Recourse With Standard Exceptions For Fraud and Misrepresentation REQUIRED REPORTS: MAI Appraisal, Property Condition Assessment, Phase I.  Others if applicable PREPAYMENT: No prepayment through Year 4. Defeasance thereafter ASSUMABLE: Subject to Approval and Fee SUBORDINATE FINANCING: Mezzanine allowed subject to approval RATE LOCK: 1 day prior to closing. Early rate lock option available CLOSING COSTS: Deposit required for third party reports, processing costs, title and legal. Travel and other standard costs if an when applicable ORIGINATION FEE: PAR to 3% (In Addition to Closing Costs) APPLY ONLINE Above terms or program availability may change without prior notice