Net Commercial Loans, LLc
Commercial Financing Made Simple
| Loan Amounts: | $100,000 to $1,500,000 |
| Loan Amortization: | Fix interest rates for 6 mo., 2,3,5, and 7 years. |
| Loan Term: | 15,20, and 30 year terms |
| Interest Rate: |
Start at 7.875% |
| Loan To Value: | 97% A credit |
| Personal Recourse: | Required |
| Up-Front Fees: | Out of pocket expenses only. |
| Third Party Reports: | Standard appraisals; Environmental transaction screen report; other third party reports may be required when indicated by collateral inspection and review of environmental report. |
| Prepayment fees: | Standard Prepayment fees. |
| DSCR | Pricing Break with dscr >1.0 |
| Occupancy | Owner must occupy minumum of 25% of the squre footage |
__________________________________________________________________________________
Terms and rates subject to change without notice. Product parameters may vary depending on geographic region. Please contact us for details.
__________________________________________________________________________________