| STANDARD MULTI-FAMILY LOAN PROGRAM |
| Loan Amounts: $500,000 - $2,999,999 |
| Program |
Rate |
|
Max LTV
Purch/Refi |
|
Fee |
Amort/
Term |
Prepayment |
| 3 Yr. Fixed |
5.500% |
|
**80% / 80% |
|
1% |
30 |
Declining Percentage |
| 5 Yr. Fixed |
5.750% |
|
**80% / 80% |
|
1% |
30 |
Declining Percentage |
| 10 Yr. Fixed |
6.500% |
|
**80% / 80% |
|
1% |
30 |
Declining Percentage |
| 15 Yr. Fixed |
6.875% |
|
**80% / 80% |
|
1% |
30 |
Declining Percentage |
| |
|
|
|
|
|
|
|
**Rates Quoted are for all properties located in: AZ / CA / NV / OR / WA / TX / MD / VA / DC** - Min. 1.15 DCR - Average or better properties - 3 Year Interest Only Option (Call for Pricing) - Minimum remaining economic life must be 30 years.
**Call for pricing in all other states not listed above**
|
| |
| STANDARD MULTI-FAMILY LOAN PROGRAM > THAN $3,000,000 |
| Loan Amounts: $3,000,000 - $7,000,000 |
| Program |
Rate |
|
Max LTV
Purch/Refi |
|
Fee |
Amort/
Term |
Prepayment |
| 3 Yr. Fixed |
5.500% |
|
**80% / 80% |
|
1% |
30 |
Declining Percentage |
| 5 Yr. Fixed |
5.750% |
|
**80% / 80% |
|
1% |
30 |
Declining Percentage |
| 10 Yr. Fixed |
6.125% |
|
**80% / 80% |
|
1% |
30 |
Declining Percentage |
| 15 Yr. Fixed |
6.375% |
|
**80% / 80% |
|
1% |
30 |
Declining Percentage |
| |
|
|
|
|
|
|
|
| **Rates Quoted are for all properties located in: AZ / CA / NV / OR / WA / TX / MD / VA / DC** - Min. 1.15 DCR - Average or better properties - 3 Year Interest Only Option (Call for Pricing) - Minimum remaining economic life must be 30 years.
**Call for pricing in all other states not listed above**
|
| SMALL BALANCE FANNIE MAE |
| Loan Amounts: $500,000 - $3,000,000 |
| Program |
Rate |
|
Max LTV
Purch/Refi |
|
Fee |
Amort |
Pre-Payment |
| 5 Yr. Balloon |
|
|
80% |
|
1% |
25-30 |
Yield Maintenance |
| 7 Yr. Balloon |
|
|
80% |
|
1% |
25-30 |
Yield Maintenance |
| 10 Yr. Balloon |
|
|
80% |
|
1% |
25-30 |
Yield Maintenance |
**Rates for all States** |
| STANDARD FANNIE MAE |
| Loan Amounts: $1,000,000 - $20 Million |
| Program |
spread |
|
Max LTV
Purch/Refi |
|
Fee |
Amort |
Pre-Payment |
| 5 Yr. Balloon |
.85% - 1.35% |
|
80% |
|
1% |
25-30 |
Yield Maintenance |
| 7 Yr. Balloon |
.85% - 1.35% |
|
80% |
|
1% |
25-30 |
Yield Maintenance |
| 10 Yr. Balloon |
.85% - 1.35% |
|
80% |
|
1% |
25-30 |
Yield Maintenance |
|
Rates Effective 02/20/2008