Rate Sheet
Lending area:	Texas
Property types:	Commercial & investment real estate, including raw land
Loan structure:	First mortgage
Loan sizes:	$750,000 to $10,000,000
Loan term:	Up to 3 years
Loan-to-value:
Improved property: Construction: Land purchase: Land refi:	Up to 80% LTV Up to 70% LTV Up to 70% LTV Up to 40% LTV
Basic conditions to close:	Title commitment, survey, entity docs, appraisal
Documentation:	State loan guarantor income and provide PFS.
Prepayment penalty:	No prepayment penalty nor any exit fee
Use of proceeds:	Business use only