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| Office, Retail, Self Storage, Industrial, Warehouse, Mobile Home Parks, Medical, Hotels. |
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| Single asset, single purpose entity. |
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| Long term fixed rates. Flexible prepayment options. |
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| 3, 5, 7,10,15, 20, and 25 year terms available. |
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| Determined by market rates at the time of rate lock. Rates vary by loan-to-value ratio, debt service coverage and property quality. |
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| Assumable, subject to approval and applicable fees. |
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| Yield Maintenance or declining. |
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| Typically 80-85%. Up to 90% with mezzanie financing for strong deals. |
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| Early or standard rate locks available . |
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Include the following in your request for a loan quote:
1. Property description.
2. Color photos.
3. Current rent roll and year-to-date operating statement.
4. Operating history - prior 3 years, if available.
5. Current year operating budget.
6. Existing debt and cost basis.
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"As a full service mortgage banking firm, BLC works as your financial advisor and as your lender. We carefully guide our clients through the finance maze, spending many hours evaluating the pros and cons of each alternative so that our clients can make fully informed financial decisions."
Wayne Jean, Founder & CEO
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| © Copyright 2003, Bedford Lending. All rights reserved. |
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