| Property Types and General Loan Guidelines |
Apartment Loans
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $500,000 and up
Loan Types: Conventional, Conduit, Construction
Terms: 1-30 years
Loan to Value (LTV): 80% & (CLTV): 90%
Loan Amortization: 30 years
Liability: Non-recourse to borrower
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete application
Assumability: Yes
Hotels
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $1,000,000 and up
Loan Types: Conventional, Conduit, Construction & SBA
Terms: 5-25 years on Fixed Rates
Loan to Value (LTV): 70% to 80% & (CLTV): 85%
Loan Amortization: 25 years
Liability: Non-recourse and recourse to borrower depending on loan program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete application
Assumability: Yes
Healthcare
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $500,000 and up
Loan Types: Conventional, Conduit, Construction & SBA
Terms: 5-25 years on Fixed Rates
Loan to Value (LTV): 70% to 80% & (CLTV): 80% to 90%
Loan Amortization: 25-30 years
Liability: Non-recourse and recourse to borrower depending on loan program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete application
Mix Use
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $1,000,000 and up
Loan Types: Conventional & Conduit
Terms: 5-15 years on Fixed Rates
Loan to Value (LTV): 75% to 80% & (CLTV): 90%
Loan Amortization: 30 years
Liability: Non-recourse and recourse to borrower depending on loan
program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete
application
Assumability: Yes
Office
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $500,000 and up
Loan Types: Conventional, Conduit & SBA
Terms: 5-25 years on Fixed Rates
Loan to Value (LTV): 70% to 80% & (CLTV): 90%
Loan Amortization: 30 years
Liability: Non-recourse and recourse to borrower depending on loan
program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete
application
Assumability: Yes
Retail
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $1,000,000 and up
Loan Types: Conventional, Conduit
Terms: 5-15 years on Fixed Rates
Loan to Value (LTV): 80% & (CLTV): 90%
Loan Amortization: 30 years
Liability: Non-recourse and recourse to borrower depending on loan
program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete
application
Assumability: Yes
Self Storage
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $1,000,000 and up
Loan Types: Conventional & Conduit
Terms: 5-15 years
Loan to Value (LTV): 80% & (CLTV): 90%
Loan Amortization: 25 years
Liability: Non-recourse and recourse to borrower depending on loan
program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete
application
Assumability: Yes
More Loan Programs
Programs Program Description Highlights
Conduit Small Balance
Loan amounts from $1,000,000 - $5,000,000
Limited documentation and reduced underwriting for this program.
Reduced fees.
Credit Tenant Lease
Program for existing and "to-be built." Investment Grade, sub-investment
grade and even non-investment grade considered. Minimum loan amount
of $2,000,000.
This is a unique loan program for investment and non-investment grade
single tenant properties. Borrower credit and property issues generally not
a problem. Loans up to 100% of value. Construction to perm loans
available.
Mezzanine Loans on Conduit Product
Loans up to 90% of value. $250,000 minimum mezzanine loan amount.
For properties with senior loans greater than $5,000,000.
Offered only if BSC does senior loan. Increases of 5% generally available.
Greater than 5% on an exception basis. No additional underwriting required
Traditional Conduit
Loans from $2,000,000 and up
Very competitive pricing for 5,7,10 and 15 year term loans. Loans up to
80% for multi-family and certain commercial properties. Interest only and
mezz available on a case-by-case basis.
Portfolio
Programs Program Description Highlights
90% Program
Quick Close, Limited Property Analysis, Credit Score Driven $300,000 -
$1,500,000
Now funding a wide variety or property types under this program. Call for
details.
No Prepayment Penalty program
$1,000,000 to $50,000,000
Fixed rate 5 and 5+5 year fixed rate programs with no pre-payment
penalty. Most commercial property types including hospitality and gas
stations.
Traditional Commercial and Multi-Family Loan Programs
Loan amounts from $500,000 to $50,000,000
Multiple competitively priced fixed and floating rate programs available with
terms up to 30 years. Many programs options available including fixed to
floating programs, interest only and earn-outs. Generally recourse but
limited and non-recourse programs available.
Speciality Programs
Programs Program Description Highlights
Church and Religious Facility Loans
Construction and Permanent loans for religious facilities. Loan amounts
from $500,000 and up.
Construction and permanent program with terms up to 27 years,
non-recourse and no pre-payment penalty. Interest only available for up
to 10 years. Multiple program options available.
Gas Station Program #1
Loan amounts up to $1,000,000
This unique program allows financing on Gas Stations with auto repair and
lube bays up to 75% LTV. Call for details
Gas Station Program #2
$500,000 and up
This program is designed for Flagged Gas Station with Convenience
Stores/Car washes. Up to 65% LTV (will allow to 75%LTV - deal
dependant).
*No Owner/Operator
Hard Money and Bridge Loans
Loan amount from $500,000 and up.
Typically income producing properties but land transactions will be
considered for properties in strong markets. Entitlement's preferable but
not mandatory.
Call today for more information: 1-888-803-7334
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $500,000 and up
Loan Types: Conventional, Conduit, Construction
Terms: 1-30 years
Loan to Value (LTV): 80% & (CLTV): 90%
Loan Amortization: 30 years
Liability: Non-recourse to borrower
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete application
Assumability: Yes
Hotels
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $1,000,000 and up
Loan Types: Conventional, Conduit, Construction & SBA
Terms: 5-25 years on Fixed Rates
Loan to Value (LTV): 70% to 80% & (CLTV): 85%
Loan Amortization: 25 years
Liability: Non-recourse and recourse to borrower depending on loan program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete application
Assumability: Yes
Healthcare
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $500,000 and up
Loan Types: Conventional, Conduit, Construction & SBA
Terms: 5-25 years on Fixed Rates
Loan to Value (LTV): 70% to 80% & (CLTV): 80% to 90%
Loan Amortization: 25-30 years
Liability: Non-recourse and recourse to borrower depending on loan program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete application
Mix Use
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $1,000,000 and up
Loan Types: Conventional & Conduit
Terms: 5-15 years on Fixed Rates
Loan to Value (LTV): 75% to 80% & (CLTV): 90%
Loan Amortization: 30 years
Liability: Non-recourse and recourse to borrower depending on loan
program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete
application
Assumability: Yes
Office
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $500,000 and up
Loan Types: Conventional, Conduit & SBA
Terms: 5-25 years on Fixed Rates
Loan to Value (LTV): 70% to 80% & (CLTV): 90%
Loan Amortization: 30 years
Liability: Non-recourse and recourse to borrower depending on loan
program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete
application
Assumability: Yes
Retail
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $1,000,000 and up
Loan Types: Conventional, Conduit
Terms: 5-15 years on Fixed Rates
Loan to Value (LTV): 80% & (CLTV): 90%
Loan Amortization: 30 years
Liability: Non-recourse and recourse to borrower depending on loan
program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete
application
Assumability: Yes
Self Storage
General Guidelines
Geographic Coverage: All 50 states & Canada
Loan Size: $1,000,000 and up
Loan Types: Conventional & Conduit
Terms: 5-15 years
Loan to Value (LTV): 80% & (CLTV): 90%
Loan Amortization: 25 years
Liability: Non-recourse and recourse to borrower depending on loan
program
Lender Costs: $10,000 and up for 3rd party reports
Prepayment: Declining balance or yield maintenance
Closing Process: Typically 45 to 60 days from receipt of a complete
application
Assumability: Yes
More Loan Programs
Programs Program Description Highlights
Conduit Small Balance
Loan amounts from $1,000,000 - $5,000,000
Limited documentation and reduced underwriting for this program.
Reduced fees.
Credit Tenant Lease
Program for existing and "to-be built." Investment Grade, sub-investment
grade and even non-investment grade considered. Minimum loan amount
of $2,000,000.
This is a unique loan program for investment and non-investment grade
single tenant properties. Borrower credit and property issues generally not
a problem. Loans up to 100% of value. Construction to perm loans
available.
Mezzanine Loans on Conduit Product
Loans up to 90% of value. $250,000 minimum mezzanine loan amount.
For properties with senior loans greater than $5,000,000.
Offered only if BSC does senior loan. Increases of 5% generally available.
Greater than 5% on an exception basis. No additional underwriting required
Traditional Conduit
Loans from $2,000,000 and up
Very competitive pricing for 5,7,10 and 15 year term loans. Loans up to
80% for multi-family and certain commercial properties. Interest only and
mezz available on a case-by-case basis.
Portfolio
Programs Program Description Highlights
90% Program
Quick Close, Limited Property Analysis, Credit Score Driven $300,000 -
$1,500,000
Now funding a wide variety or property types under this program. Call for
details.
No Prepayment Penalty program
$1,000,000 to $50,000,000
Fixed rate 5 and 5+5 year fixed rate programs with no pre-payment
penalty. Most commercial property types including hospitality and gas
stations.
Traditional Commercial and Multi-Family Loan Programs
Loan amounts from $500,000 to $50,000,000
Multiple competitively priced fixed and floating rate programs available with
terms up to 30 years. Many programs options available including fixed to
floating programs, interest only and earn-outs. Generally recourse but
limited and non-recourse programs available.
Speciality Programs
Programs Program Description Highlights
Church and Religious Facility Loans
Construction and Permanent loans for religious facilities. Loan amounts
from $500,000 and up.
Construction and permanent program with terms up to 27 years,
non-recourse and no pre-payment penalty. Interest only available for up
to 10 years. Multiple program options available.
Gas Station Program #1
Loan amounts up to $1,000,000
This unique program allows financing on Gas Stations with auto repair and
lube bays up to 75% LTV. Call for details
Gas Station Program #2
$500,000 and up
This program is designed for Flagged Gas Station with Convenience
Stores/Car washes. Up to 65% LTV (will allow to 75%LTV - deal
dependant).
*No Owner/Operator
Hard Money and Bridge Loans
Loan amount from $500,000 and up.
Typically income producing properties but land transactions will be
considered for properties in strong markets. Entitlement's preferable but
not mandatory.
Call today for more information: 1-888-803-7334
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