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Commercial Post Detail
Casino/Hotel 1/5/2019 12:13:08 PM  Broker Location: IL/60653 Commercial/NV/
PostID: 41816     Status: Open  
Loan Info:  
Amount $6,000,000 
Appraised Value  
Loan Term  
Loan Amortization  
Product Type  
Property Type Hospitality (motel/hotel) 
Purpose Purchase 
Doc Type  
Borrower FICO  
Borrower DTI  
Keywords: Casino
General Notes: Hotel/Casino
 Replies: 1 
Name: Jim Howell Phone: 480-656-2688 1/7/2019 7:46:10 AM
Company: Freedom Capital LLC Email:  
(S.B.Only) - 0.5% to 1.0% Bank-Paid Broker Fee. Bank-Based Financing with Reasonable Turn-Times. 660 Minimum (700 Const.) Experian FICO - Full Doc ONLY. NO Balloons/Calls - Full Term Loan. 1st Lien on Real Estate ONLY. Limited Cash-Out EXCEPT for FUTURE Capital Improvements to Subject Property; Debt Payments and some Equipment/Inventory/Capital Requests. IF held less than 5 years, Purchase Price plus Improvements may be Total Value. 1.25x (O.O.) to 1.45x (O.O.) Minimum DSCR. --- www.FeedomCapital.BIZ ---
Program/Credit Grade Rate Pts/YSP Product Loan Term Prepay Penalty Notes
Hospitality, Floating 8.000% 1.000% 6-mo Fixed 25 Yr Yes SBA-7a up to 80% LTV
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