Long Term Commercial Loan
Life Insurance Loans
Program #LG417
Life Insurance Loans
Program #LG417
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | Gas Station, Hotel, Industrial, Medical Office, Multi Family, Self-Storage, Shopping Center, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $3,000,000 |
| Loan amount Maximum | $1,000,000,000 |
| Interest Rate Minimum | -% |
| Interest Rate Maximum | 12% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Terms | 1 year, 18 month, 3 year, 5 year, 10 year, 20 year, 15 year, 25 year, 30 year |
| Typical Days Required to Fund | 20-30 Business days |
| Credit Score Min | 650 |
| Interest Only or Amortized | Amortized and Interest Only Options available |
| Entities | LLC - Limited Liability Corporation, Corp - Corporation, Foreign National, LP - Limited Partnership, Partnership, Trust |
| Lien Position | 1st |
| Max Points Charge by Broker | 1 |
| Fixed or Adjustable | Fixed |
| Updated as of | 2024-01-17 |
These descriptions are limited information and meant for general reference purposes.
- Nathan Cohen
Sr. Vice President
