Owner-Occupied Properties – Small Balance

Loan Amount

$750,000 – $5,000,000

Loan Term

10-year fixed, 20-year fixed, 25-year fixed or floating

Amortization

20 or 25 year standard

Minimum DSCR

1.25x+

Maximum LTV

• Acquisition Leverage: Up to 90%
• Refinance Leverage: Up to 90%

Interest Rate

Check with your ASC representative

Geographic Location

National

Eligible Property Types

Tier 1

• Retail
• Office
• Light Industrial
• Manufacturing
• Hospitality

• Distribution
• Gas Stations
• Auto
• Restaurants
• Special Use

Recourse

Full

Pre-payment

Step down

Assumability

Yes

Eligible Borrower

• 640+ personal credit score
• Net worth to loan request ratio of 1.0+
• Liquidity: 3 months of the P&I payment
• 3 + years of industry experience

Eligible Property

• 51% of property occupied by business
• Business is cash-flow positive
• Loan is currently in good standing
• Loan proceeds for business use only