Mortgage Rates and Amortization Schedule on 30 Year Fixed - Excel

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Mortgage Rates and Amortization Schedule on 30 Year Fixed - Excel Powered By Docstoc
					                                                                                                                                                                           COMMERCIAL MORTGAGE DIVISION



                                                                                                                                                                               As Of Date:        September 28, 2009
                                                                             Multifamily Loan Programs
                                Phone: (877) 541-2634 ext 6252 | Fax: (858) 350-0976 | Email: Apartmentbank@bofi.com
                                                                                 $500,000 to $5,000,000
                                  Loan                                                                                              Maximum LTV               Purch/ Refi
Program                          Amount                  Rate                 Fees               Index             Margin           Purch  Refi                   DCR           Amort/Due **Prepayment Penalty
            ine
         ml




                               $500,000
         a
     tre




                                   to                  6.150%                 1.00             3 Yr Swap             3.25            70%           65%            1.25              25-30              3,2,1
 rS




                              $5,000,000
3y

          ine
        ml




                               $500,000
         a
     tre




                                   to                  6.450%                 1.00             5 Yr Swap             3.25            70%           65%            1.25              25-30             5,4,3,2,1
 rS




                              $5,000,000
5y




                                                         Plan A
                                                         5.875                1.00            7 yr Treasury          2.60            75%           75%            1.25              30/7          Yield Maintenance
         er m




                               $500,000
       gT




                                  to                     Plan B
     on




                              $5,000,000*              5.625%                 1.00            7 yr Treasury          2.40            65%           65%            1.35              30/7          Yield Maintenance
 rL
7y




                                                         Plan C
                                                       5.500%                 1.00            7 yr Treasury          2.20            55%           55%            1.55              30/7          Yield Maintenance



                                                         Plan A
                                                         6.000                1.00           10 yr Treasury          2.65            75%           75%            1.25              30/10         Yield Maintenance
              rm




                               $500,000
           Te




                                   to                    Plan B
        ng
     Lo




                              $5,000,000*              5.875%                 1.00           10 yr Treasury          2.50            65%           65%            1.35              30/10         Yield Maintenance
 yr
10




                                                         Plan C
                                                       5.625%                 1.00           10 yr Treasury          2.30            55%           55%            1.55              30/15         Yield Maintenance




                   Rates are indicative as of the date of the rate sheet. Rates and spreads are subject to change due to market fluctuations.

                                                                                           PROGRAM NOTES
                                 All programs listed on this rate sheet are designed for stabilized, seasoned properties

 Total ancillary fees* (Processing and underwriting): $2,500
 * More than two borrowing entities may require additional fees. Husband and wife count as one entity
 **Other Prepayments Options available at reduced pricing-Talk to Team Representative

 MINIMUM LOAN SUBMISSION REQUIREMENTS (call or e-mail for forms)
 1. Complete 1003 Loan Application, Schedule of Real Estate                                                                                                                    1 yr. Libor-           1.238%
 2. Authorization to Obtain Credit - Signed and Dated                                                                                                                          3 yr. T-               1.625%
 3. Income & Expenses (Operating history) for the subject property for FYE 2007, 2008 and YTD 2009                                                                             5 yr. T-               2.370%
 4 Current Rent Roll                                                                                                                                                           7 yr. T-               2.990%
 5. Last two years Federal tax returns for each Borrower / Entity                                                                                                              10 yr T-               3.330%
 6. Purchases: Purchase Agreement, escrow instructions, (and leases if available)                                                                                              3 yr Swap              1.896%
 7. Refinances: Statement of purpose form (and leases if available)                                                                                                            5 yr Swap              2.689%
 8. Photos of subject property and surrounding area (No Polaroid's)




                        COMPETITIVELY PRICED COMMERCIAL LOAN PROGRAMS ALSO AVAILABLE
                                Phone: (877) 541-2634 ext 6252 | Fax: (858) 350-0976 | Email: Apartmentbank@bofi.com

                              This rate sheet is not an offer for an extension of credit and is not a commitment to lend. Rates and terms are subject to change without notice. Rates and terms
                              may vary depending upon risk analysis, collateral quality and other factors. No APR's have been quoted or implied. This information is provided for the exclusive
                              use of Real Estate professionals, is not intended for the general public, and is not intended nor should it be construed as an advertisement to promote consumer
                              credit, as defined by Title 12, Code of Federal Regulations, Section 226.2.
                                                                                                                                                                                   COMMERCIAL MORTGAGE DIVISION



                                                                                                                                                                                       As Of Date:             September 28, 2009
                                                                               Commercial Loan Programs
                                   Phone: (877) 541-2634 ext 6252 | Fax: (858) 350-0976 | Email: Apartmentbank@bofi.com
                                                                                      $500,000 to $4,000,000
                                    Loan                                                                                                   Maximum LTV               Purch*/ Refi
PROGRAM                            Amount                    Rate                 Fees                Index              Margin          Purchase* Refinance              DCR              Amort.           **Prepayment Penalty
          p
        wa
        dS




                                 $500,000
     ixe




                                     to                    6.150%                 1.00              3 Yr Swap              4.00             60%           60%             1.20            20-25 Yr               5% for 5 Yrs
   rF




                                $4,000,000
 ea
3Y



          p
        wa
        dS




                                 $500,000
     ixe




                                     to                    7.000%                 1.00              5 Yr Swap              4.00             60%           60%             1.20            20-25 Yr               5% for 5 Yrs
   rF




                                $4,000,000
 ea
5Y




                                                                             (Reduction available for Loans up to $3,000,000 only)


                                                                                                PROGRAM NOTES
                                   All programs listed on this rate sheet are designed for stabilized, seasoned properties

  Programs require a Credit mid score of 680 or better
  Rate and margin .50% higher for non-owner user properties
  1.20 DCR mminimum for owner user properties; 1.40 DCR for non-owner user properties
  Hybrid programs are fixed during the initial term then roll to adjustable rate at the stated index and margin for remainder of amortization period.
  All programs are subject to pricing adjustment based upon loan size, property condition, age, maintenance and credit indicators
  No significant deferred maintenance allowed, Maximum repair costs 10% of loan amount (most programs)
  Total ancillary fees* (Processing and underwriting): $5,000
  * More than two borrowing entities may require additional fees. Husband and wife count as one entity


  MINIMUM LOAN SUBMISSION REQUIREMENTS (call or e-mail for forms)
  1. Complete 1003 Loan Application, Schedule of Real Estate
  2. Authorization to Obtain Credit - Signed and Dated
  3. Income & Expenses (Operating history) for the subject property for FYE 2007, 2008 and YTD 2009                                                                                    1 yr. Libor-                1.238%
  4. Current Lease Summary                                                                                                                                                             3 yr. T-                    1.625%
  5. Copies of all leases                                                                                                                                                              5 yr. T-                    2.370%
  6. Last two years Federal tax returns for each Borrower / Entity                                                                                                                     7 yr. T-                    2.990%
  7. Purchases: Purchase Agreement, escrow instructions, (and leases if available)                                                                                                     10 yr T-                    3.330%
  8. Refinances: Statement of purpose form (and leases if available)                                                                                                                   3 yr Swap                   1.896%
  9. Photos of subject property and surrounding area (No Polaroid's)                                                                                                                   5 yr Swap                   2.689%




                        COMPETITIVELY PRICED COMMERCIAL LOAN PROGRAMS ALSO AVAILABLE
                                   Phone: (877) 541-2634 ext 6252 | Fax: (858) 350-0976 | Email: Apartmentbank@bofi.com

                                This rate sheet is not an offer for an extension of credit and is not a commitment to lend. Rates and terms are subject to change without notice. Rates and terms may
                                vary depending upon risk analysis, collateral quality and other factors. No APR's have been quoted or implied. This information is provided for the exclusive use of Real
                                Estate professionals, is not intended for the general public, and is not intended nor should it be construed as an advertisement to promote consumer credit, as defined
                                by Title 12, Code of Federal Regulations, Section 226.2.

				
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Description: Mortgage Rates and Amortization Schedule on 30 Year Fixed document sample