|
|
Commercial Real Estate Loan
Comparison-Conventional vs. SBA
|
|
Conventional
|
SBA
|
|
Advance:
|
Up to 85%
|
Up to 90%
|
|
Term:
|
5-25 years
|
25 Years
|
|
Amortization:
|
Up to 30 years
|
25 Years
|
|
Rate Structures:
|
Fixed and Floating
|
Primarily Floating
|
|
Rate Spreads:
|
Prime, T’s or Libor + .5% - 2.50%
|
Prime + 1.25% - 2.50%
|
|
Origination Fee:
|
To be determined
|
To be determined
|
On strong appraisals we will lend up to 90% of purchase price or cost to construct.
Contact Barry M. Dameshek today at 949-559-4512 to discuss your loan options.
|
|
