| Eligible Locations: | MSAs within the Continental U.S. exhibiting strong economic and property-type specific fundamentals |
| Eligible Use: | Acquisition and Refinance of Owner-Occupied, Hospitality, Multi-Use and Special Purpose Properties |
| Conventional Loan Amount: | $1,000,000 to $10,000,000 |
| Conventional Loan Term: | 10 Years |
| Amortization: | Up to 30 Years |
| Loan to Value: | Up to 70% of FIRREA Appraised Value |
| DSCR: | Minimum 1.50x DSCR on in-place cash flow |
| Processing Fee & Expense Deposit: | $1,500 Processing Fee. $15,000 Expense Deposit |
| Reserves: | Tax and Insurance |
| Sponsor(s): | Creditworthy individual(s) acceptable to Lender with sufficient liquidity and net worth |
| Recourse: | Full-Recourse |
| Prepayment: | 5-Year Prepayment Penalties |