The following description is a summary of a core lending program offered by Eastern Mortgage
Capital. We encourage you to contact us today for specific information and for a more thorough
explanation

[] ACQUISITION: Lesser of 85.0% Loans-to-Value* or 85.0%
Loans-to Acquisition-Cost*

[] REFINANCE: Up to 85.0% Loans-to-Value* no cash-out allowed

[] Up to 35- Year Amortization

[] Up to 35- Year Term (no balloon)

[] No maximum loan amount

[] Low, fixed interest rate, based on market spreads over 10 Year Treasury Yield.

[] Non-recourse

[] Flexible and negotiable pre-payment terms, NEVER defeasance or yield maintenance

[] 1.1765 Minimum Debt Service Coverage. More aggressive LTV and DSC available for non-profit sponsors

[] This loan is always assumable
 Moderate Rehab allowed

These descriptions are limited information and meant for general reference purposes.