

APARTMENT & COMMERCIAL LENDING DIVISION
Call for pricing 800-488-4981
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Income Property Division
INCOME PROPERTY LOAN PROGRAMS
October 2007
3 year Interest Only
Initial Fixed Interest Rates Loans $400,000 to 2,999,000 Loans $3,000,000 to 7,000,000
Prepayment Apartments Commercial Apartments Commercial
3 Yr. 3-3 6.625% 6.875% 6.125% 6.375%
5 Yr. 4-3-1 6.750% 7.000% 6.250% 6.500%
10 Yr. 5-4-3-1 7.125% 7.375% 6.625% 6.875%
15 Yr. 5-4-3-2-1 7.250% 7.500% 6.750% 7.000%
Minimum Debt Service 1.10 DCR 1.15 DCR 1.10 DCR 1.15 DCR
Max LTV 75% all programs
****** FEES******
1.250% loan fee on all loans under 1 million.
1.000% loan fee for loan amounts over 1 million.
Call for par pricing!
NOTE: About 45-60 days to close from date appraisal check is received
LTV to 75% Purchase LTV to 75% Refi
$2500 deposit typically required for appraisal, environmental and property inspection.
$1375 up to $1MM, $1475 up to $3MM, $1575 over $3MM for U/W, Admin. and Docs. $500 processing fee. $150 legal review/entity additional doc fees may be req’d based on entity structure, post closing requirements (hold backs, side letter agreements, super rush, re-lock fee, etc.)
Account representative:
Ted Klumb usnm@usnational.com
Jay Arend jay@usnational.com
800-488-4981 425-820-7078 (fax)
*******Rates subject to change without notice.******
WE ALSO HAVE PROGRAMS FOR LESS THAN PERFECT CREDIT. CALL FOR PRICING AND SCENARIO'S!!!!!!
WE ALSO HAVE LINES OF CREDIT!!!!!!!!!
Call us with your scenario. Prices subject to change without notice. 800-488-4981