Translending
 
   
HOT PRODUCT

More Info
EXPRESS SEARCH
EXPRESS APP
Express/Short-form application
Fill out Application
-->

 Net Lease (NN-NNN) Program



Loan Amount $500,000 +
Property Type Net Leases: Credit and Non Credit Single Tenant
   
Current Fixed Rates

03/19/07 (subject to change w/o notice)

3 Year
*call for quote
5 Year
*call for quote
7 Year
*call for quote
10 Year
*call for quote

*Rates and Terms are based on Tenant Credit Rating, Length of Lease Term and Borrowers Financial Strength.

*I/O also avaliable for National Credit Tenants

 

   
 Adjustable Rate

Non-Credit rates adjusts annually at 250 BP  over 1-Year Libor Swap  after 3, 5, 7 and 10 year Fixed Terms

 
   
  • Term

Balloon  10 Yr or end of Existing Lease Term

  • Amortization

Up to 30 years.

  • Loan to Value (LTV)

Up to 80%

  • Debt Service DSCR

1.2

  • Origination Fee

1%

  • Rate Lock

At Time of Completed Loan Package to Underwriting

  • Reserves

NONE

  • Escrows

NONE

  • Prepay

NONE

  • Appraisal

Summary Appraisal

  • Inspections

Only if the appraisal indicates an inspection is necessary.

  • Environmental

Transactional Screen

   
Other fees

Document Prep.

 $2500
Process Fee
$450
Credit Report
$100
Administrative
$500
* Title
varies

 * Note:  Title company must be approved by Trans Lending Corporation

Contact: Brad Whatley   303.989.6095 or email: bradw@translending.com

 

Untitled Document
Google Groups NNN Finance
Browse Archives at groups-beta.google.com

Copyright 2004 Trans Lending Corporation. All rights reserved.
Read privacy statement.
1120 Lincoln St., Suite 704, Denver, Colorado 80203
Tel:
888-734-9147 Fax: 303-861-2459
mail to: admin@translending.com