The following guidelines are general, please speak to your account executive about other programs and options that might be available for your project.
Minimum Loan Amount
Maximum Loan Amount
6.50% with credit over 650; 9.50% with credit below 650; 12% with credit under 600
6.5% or applicable rate based on credit score as noted in construction only column. Rate is not locked until underwriting is completed and loan is committed. This rate is for the construction period of 24 months. The rate is fixed during that period and until property achieves 1.25 DSCR. After 24 months, loan converts to permanent stabilized loan for either five or ten years amortized over 20 years. If after 24 months, property does not achieve 1.25 DSCR, rate will remain at 6.5% or applicable rate based on credit score until property achieves 1.25DSCR.
Communication is Vital. Contact Us Today To Speak With an Account Executive About Your Loan Scenario or Click on “Request More Information” to Get More Information.
Contact Us At:
888-819-9151 / 561-708-1670
Premier CRE Lending is comprised of a team of dedicated lending professionals who’s sole goal and focus is to work with our clients in an expedient and professional manner to close their real estate loan in a timely fashion. Premier CRE Lending brings the ability and wherewithal to provide great lending products and services on a national basis.