|
Products - Types of Financing Options
Dwinn-Shaffer's loan products include fixed and floating rate programs structured to meet the needs of our clients. Loan amounts $100,000 to $100,000,000+.
Typical Loan Terms:
| |
Loan Amounts |
Minimum - $500,000; Maximum - No limit |
| |
Interest Rate |
Based on spreads as low as 85 basis points over corresponding Treasuries |
| |
Loan to Value |
Up to 100% of appraised value |
| |
Loan terms |
5 - 30 years |
| |
Amortization Schedule |
From interest only up to 30
years |
| |
Property Types |
Retail, Industrial, Multifamily, Office. Some special purpose properties such as nursing homes, mobile parks, hotels/motels, mini warehouse facilities, etc. |
| |
Interest
Rate |
Interest only payments tied to Prime or Libor |
| |
Term |
3 - 5 years |
Mezzanine Financing
| |
Loan Amount |
Up to 98% of value |
| |
Rate |
Structured, based on leverage and property type |
| |
Term |
Up to 10 years |
Foward Commitments
| |
Term |
Up to 36 months |
| |
Rate |
Locked at application
or commitment |
Construction Loans
| |
Loan Amount |
Up to 100% of cost |
| |
Rate |
Tied to either Libor or Prime. Negotiated based on property type, leverage, pre-leasing or sales, and tenant(s). |
| |
Term |
Up to 36 months |
Fannie Mae - Multifamily Residential
| |
Loan Amount |
$3 Million to $50
Million |
| |
Interest Rate |
As little as 85 basis points over corresponding Treasuries, based upon leverage |
| |
Term |
7, 10, 15, 18 or 30 years |
| |
Amortization Schedule |
30 years |
| |
Service Charge |
1 % - 2 % |
| |
Loan to Value |
80% |
| |
2nd Mortgage Financing |
Fannie Mae offers a program to place a 2nd mortgage on the property bringing leverage back to 80% LTV as the property value increases over time |
Sale / Leasebacks
Minimum purchase price is $1 million, with no maximum. Rent on sale/leaseback is determined by the quality of the real estate and the creditworthiness of the Lessee.
Equity / Joint Venture
On a deal-by-deal basis - all product types.
Corporate Finance
| |
Loan Amount |
$1,000,000+ |
| |
Fees |
Vary based on structure |
|
