 |
|
|
 |
|
| |
Commercial Real Estate Loans |
|
|
|
|
|
| Property Types |
Min Size |
Max Loan/
Value |
Minimum
DSCR |
Maximum Amortization |
|
|
|
|
|
| Office/Medical |
3,000 s.f. |
75% |
1.20 |
30 yrs |
| Retail |
15,000 s.f. |
80% |
1.20 |
30 yrs |
| Light Industrial/Warehouse |
15,000 s.f. |
75% |
1.20 |
30 yrs |
| Multifamily |
10 Units |
80% |
1.15 |
30 yrs |
| Nursing Home |
100 Beds |
70% |
1.50 |
25 yrs |
| Assisted Living |
100 Units |
70% |
1.50 |
25 yrs |
| Mobile Home Park |
50 Pads |
75% |
1.40 |
30 yrs |
| Mini Storage |
50 Units |
75% |
1.25 |
30 yrs |
|
|
|
|
|
| This outline contains the current general parameters of the various Mohr-Rurik Capital Group, Inc., lending programs. Our programs contain additional details and requirements that may not be included in this summary. All program requirements, parameters and underwriting criteria are subject to change or interpretation by Mohr-Rurik Capital Group, Inc. without further notice. For detailed data and information, please contact us. |
|
|
|
|
|
| Credit Loans |
|
|
|
|
|
| Property Types |
Min Size |
Max Loan/
Value |
Minimum
DSCR |
Maximum Amortization |
|
|
|
|
|
| Office |
3,000 s.f. |
100% |
1.0x |
Lease Term |
| Industrial/Warehouse |
15,000 s.f. |
100% |
1.0x |
Lease Term |
| Credit (Anchor) Shopping Center |
15,000 s.f. |
100% |
1.05x |
Lease Term |
| Credit (Freestanding) |
2,500 s.f. |
100% |
1.0x |
Lease Term |
| Credit (Other) |
T.B.D |
100% |
1.05x |
Lease Term |
|
|
|
|
|
| These programs are designed specifically for those borrowers/credits that are either publicly traded or privately held companies. Interest rates will vary depending on the credit rating of the borrower/lessee. Rate spreads are based on "average life" and vary based on current market conditions. For additional detailed information, please contact us. |
|
|
|
|
|
| Construction Loans |
|
|
|
|
|
| Property Types |
Min Size |
Max Loan/
Cost |
Maximum Loan/Value |
Maximum Amortization |
|
|
|
|
|
|
|
| All Property Types |
$1MM |
100% |
85% |
Interest Only |
|
|
|
|
|
|
|
| All construction loans are Libor priced, provide for 12 - 24 month terms and allow for extensions if necessary. This outline contains the current general parameters of the various Mohr-Rurik Capital Group, Inc., lending programs. Our programs contain additional details and requirements that may not be included in this summary. All program requirements, parameters and underwriting criteria are subject to change or interpretation by Mohr-Rurik Capital Group, Inc. without further notice. For detailed data and information, please contact us. |
|
|
|
|
|
|
|
| Church Loans |
|
|
|
|
|
|
|
| Property Types |
Min Size |
Max Loan/
Value |
Borrowing
Limit |
Maximum Amortization |
|
|
|
|
|
|
|
| Church Financing |
$1MM |
80% |
4x Gross Annual
Revenues |
30 yrs |
|
| School Lending (K-12) |
$1MM |
80% |
4x Gross Annual
Revenues |
30 yrs |
|
| Colleges/Universities |
$1MM |
80% |
4x Gross Annual
Revenues |
30 yrs |
|
|
|
|
|
|
|
| This outline contains the current general parameters of the various Mohr-Rurik Capital Group, Inc., lending programs. Our programs contain additional details and requirements that may not be included in this summary. All program requirements, parameters and underwriting criteria are subject to change or interpretation by Mohr-Rurik Capital Group, Inc. without further notice. For detailed data and information, please contact us. |
|
|
|
|
