Size $500K- S5MM $3MM - $50MM
Rate Type Fred Fred Floating
Term 5 & 10 Years 5&10 Years | Years
uv Up to 75% Up to 75%
Early Prepayment Fees ‘Yes Yes
Dscr’ 1,20x 1.20x
Amortization Up to 30 Years Up to 30 Years | 1%Per Annum
Recourse ‘Yes NonRecourse
Loan Documentation Streamlined Documentation Standard Documentation
Minimum 5 units and loan size of $500,000 + Nationwide lending programs
Rental Properties: 1-4 unit family homes, condos, townhomes, multifamily
Debt Service Coverage Ratio ("OSCR Is
payments of the oan
wferwritten net cash ow ofthe rental properties vided by the scheduled principal and interest
This preliminary summary of terms is presented for review purposes only and is subject to further revision by Westmakr Capital.
This summary does not represent a commitment on the part of Westmark Copital or any afliate thereof to provide the faancing described herein. Any
future transaction is subject to the execotion of documentation ond further due diligence acceptable to Westmork Capital