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MegaLoanFunding
11903 Middlebury Dr
Tampa, FL 33626
Tel:1-800-879-0284
Fax:813-435-2349
Email
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Sample Lender Quote.
Please note: This is not a real quote.
This is only and example. Your actual quote will depend on your requirements and
the lender.
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Sample loan quote from lender. |
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Lender |
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ABC Bank |
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100 Main St 400 |
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Woodland Hills CA |
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Schedule of proposed loan terms: |
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Quotation date |
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June 20 2004 |
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Expiration date |
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July 5 2004 |
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Loan amount |
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$ 17,000,000.00 |
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Loan terms (years) |
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10 |
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Amortization (years) |
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Interest rate spread |
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2.35% |
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Current index yield |
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4% |
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Final note rate |
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6.35% |
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Interest Rate Index |
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10 YR US Treasury |
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Loan Type |
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Fixed |
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Interest Accrual method |
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Actual 360 |
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Proposed DSCR |
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1.33 |
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Proposed LTV |
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80% |
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Prepayment lock out (months) |
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6 |
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Recourse options |
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non recourse |
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Junior debt |
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Prohibited |
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Assumption |
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Permitted |
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Assumption Fee |
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2% |
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Conditions: |
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Receipt of satisfactory 3rd party reports and title insurance as
determined by the lender. |
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Minimum occupancy at 85% must be maintained. |
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Satisfactory verification of market/sub market levels for vacancy
reserves, management |
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fees and tenant improvements and leasing commissions. |
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Estimated Fees and expenses; |
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Due at application. |
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Appraisal |
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$ 3,000.00 |
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Environmental |
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$ 1,800.00 |
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Engineering |
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$ 800.00 |
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Total due on application. |
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$ 5,600.00 |
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Closing costs: |
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Title closing |
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$ 1,500.00 |
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Document preparation and recording |
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$ 500.00 |
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Lender legal |
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$ 2,500.00 |
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Total due at closing |
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$ 4,500.00 |
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Set up an appointment to discuss your loan requirements
Set up a telephone appointment
to talk to a processor who will prepare your loan application for you.
See our complete loan
process.
Our phone number is 1-800-879-0284
Our Email address is
Originator@MegaLoanFunding.com
Introduce
your self and receive updates on this site.
Get your
Unsecured Business Line Of Credit today.
Broker Co-Op Policy
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Loan Products.
Construction.
Office
Building
Multi Family.
Speed
Loans and Hard Money.
Retail.
Land
Development.
Automotive.
Assisted
Living Facility.
Golf Course.
Mixed Use.
Warehouse.
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