|
Which commercial loan program is
right for me?
Whether purchasing
or refinancing a commercial property, a commercial loan officer
at Platinum Star will analyze your situation to see which
commercial loan program best suits your needs. Our loan programs
are designed to fit most borrowers and/or commercial property
type depending on the circumstances.
They are priced
according to the loan program selected, commercial property type
and/or individual circumstances.
|
$500K to $5M |
| 5 Year
Fixed |
5.39% |
| 10
Year Fixed |
5.96% |
| 15
Year Fixed |
5.96% |
| 30
Year Fixed |
6.96% |
|
Multifamily Only |
Highly competitive rates for multifamily loans from
$500,000 to $5 million. Geographical
restrictions apply.
- 80% Loan to Value
- 30 year amortization
- 30 year fixed loans available
|
$500K
to $5M |
| 3 Year
ARM |
6.89% |
| 5 Year
ARM |
6.70% |
| 7 Year
ARM |
6.76% |
| 10
Year ARM |
6.80% |
|
*Multifamily Only |
Flexible program with many options available for
multifamily loans from $500,000 to $5 million.
- 80% LTV available
- 1.15 DCR for purchase, 1.20 DCR
for refinance
- Up to 30 year amortization
|
$500K
to $10M |
| 3 Year
ARM |
5.953% |
| 5 Year
ARM |
5.980% |
| 7 Year
ARM |
6.379% |
|
10 Year ARM |
6.813% |
|
*Multifamily, please add
1.00% for commercial property types. |
Competitive program for larger multifamily and
commercial between $500,000 and $10 million.
- Up to 80% LTV on multifamily
- Up to 75% LTV on commercial
- 1.2 DCR on multifamily, 1.25 DCR
on commercial
- Up to 30 year amortization
|
$100K to $2M |
| 2 Year
Fixed |
7.00% |
| 3 Year
Fixed |
7.125% |
| 7 Year
Fixed |
7.375% |
| 30 Yr
Fixed |
7.75% |
|
*Multifamily, Please call
for commercial. |
Flexible underwriting for commercial loans between
$100,000 and $2 million.
- Up to 97% financing available for
“A” credit owner occupied commercial
-
Up to 90% financing available for “A” credit
multifamily/non-owner occupied commercial
- Up to 30 year amortization
-
Flexible underwriting
|
$100K to $1M |
| 1 Year
ARM |
8.375% |
| 5
Year Fixed |
8.99% |
|
7 Year Fixed |
8.99% |
|
10 Year Fixed |
8.99% |
|
*Multifamily, Please call
for commercial. |
Stated Income/ Stated Asset loans for most
commercial property types, loan amounts from
$100,000 to $1 million.
-
No verification of Income or Assets
-
Up to 30Year Amortization Available
-
Up to 80% financing on multifamily and mixed use. Up to
85% on Commercial property types.
*Please note that the pricing above is intended for
informational use only and could vary depending on the
overall loan scenario. Rates were last updated as of January
30, 2008 and are subject to change. |
