|
|
 |
 |
|
|
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 |
|
|
|
|
| |
|
|
|
Balloon 10 Yr or end of Existing Lease Term
|
|
|
Up to 30 years.
|
|
|
Up to 80%
|
|
|
1.2 |
|
|
1% |
|
|
At Time of Completed Loan Package to Underwriting
|
|
|
NONE |
|
|
NONE |
|
|
NONE |
|
|
Summary Appraisal |
|
|
Only if the appraisal indicates an inspection is
necessary. |
|
|
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
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
|
| |