| Market Index Rates |
| Indices: | |||||||
3-month UST Bill | 2.88 % | 2-year UST Note/Bond | 3.40 % | 1-year UST Note/Bond | 3.42 % | 5-year UST Note/Bond | 3.30 % |
7-year UST Note/Bond | % | 10-year UST Note/Bond | 3.19 % | 15-year UST Note/Bond | 2.22 % | 30-year UST Note/Bond | 3.34 % |
LIBOR 30 Day | 2.56 % | LIBOR 90 Day | 3.08 % | LIBOR 6 Month | 3.6 % | 10 year LIBOR fixed rate swap spread 13 BPS Rate= | % |
12-MTA 12 Month Average Treasury Trailing | 1.372 % | Bank prime rate | 5.5 % | Discount rate | 2.5 % | Federal funds rate | 2.33 % |
11th District Cost of funds (COFI) | 0.707 % | CD 12 month certificate of deposit | 0.65 % | 5-year CMT Constant Maturity Treasury | 3.27 % | Fannie Mae 30-year mortgage | 6.1 % |
5 Yr.Term/20YrAmort - FHLB | 3.80 % | 20 YrTerm/20YrAmort - FHLB | 3.20 % | Baa rated seasoned Corporate Bonds | 5.33 % | Aaa rated seasoned Corporate Bonds | 4.27 % |
| Commercial Mortgage and Financing Rates Loan Amounts: from $500,000 to $72,000,000,000 |
| Property Type Nationwide & INTERNATIONAL | Fixed % Rate/Yr. Min. | Fixed % Rate/Yr. Max. | Min B.P. Spread | Max B.P. Spread | Max. LTV | Min. DSCR | typical Loan term (Years) | Amortization (Years) Max | Typical index Yield (Base + Spread) |
|---|---|---|---|---|---|---|---|---|---|
| Multifamily - Residential | 2.338 % | 5.338 % | 100 | 400 | 80 % | 1.25 | 5 year fixed plus various 5 year renewals balloon or self Liquidating | 30 | |
| Multifamily Jumbo Stabilized Rental >$25 Million per Asset Float to Optional Fixed Rate. Large Single Asset Multifamily Rental >$25mm/property. Rate indicated is the floating rate. Index mimics LIBOR but historically has been .1% to .29% cheaper so spread is estimated interpolation. | 1.1354 % | 1.3254 % | 71 | 90 | 80 % | 1.20 | Floating ARM with optional convertible to long term fixed rate | Interest Only Considered or 30 year amortization | |
| Condominium Conversion and/or Condo Construction | 2.78 % | 4.08 % | 250 | 380 | 99 % | 1 | 1-10yrARM (Mezz At higher Rate) | 30 | |
| Owner Occupied User | 0.45 % | 3.5 % | -30 | 275 | 75-100 % | 1.25 | 5 yr fixed or 25 ARM | 25 | |
| Multifamily Residential &/or underlying Coops; Jumbo>$3mm | 2.92 % | 5.22 % | 70 | 300 | 85 % | 1.1 | 5,7,10,25,30,35 | 25,30,35 | |
| Multifamily - Residential | 2.97 % | 5.22 % | 75 | 300 | 80 % | 1.25 | 10 Yr. Fixed | 30 | |
| Multifamily - Residential | 2.28 % | 4.78 % | 100 | 350 | 75 % | 1.25 | 5(+5+5+5+5+5) | 25,30 | |
| Multifamily - Residential | 3.12 % | 5.72 % | 90 | 350 | 75 % | 1.25 | 30 Yr. Fixed | 30 Yr. Self-Liquidating | |
| Multifamily - Residential Rental Purchase or Development >$3MM | 3.79 % | 4.62 % | 157 | 240 | 92.5 % | 1.1 | 35, 40 Years Fixed | 35, 40 Years | |
| Senior Housing | 3.79 % | 5.22 % | 157 | 300 | 85 % | 1.1 | 10,35 | 30,35 | |
| Retail: Anchored | 2.97 % | 3.47 % | 75 | 125 | 80 % | 1.25 | 10,15 | 25,30 | |
| Retail: Unanchored | 2.97 % | 3.47 % | 75 | 125 | 75 % | 1.3 | 10,15 | 25,30 | |
| Mobile Home Parks | 3.32 % | 5.22 % | 110 | 300 | 80 % | 1.1 | 10,15 | 25,30 | |
| Office and Medical Buildings | 2.33 % | 4.53 % | 105 | 325 | 80 % | 1.25 | 10,15 | 25,30 | |
| Industrial / Warehouse | 3.27 % | 5.47 % | 105 | 325 | 80 % | 1.25 | 10,15 | 25,30 | |
| Self Storage | 4.85 % | 7.05 % | 105 | 325 | 75 % | 1.25 | 10,15 | 25,30 | |
| Gas Station&convenience store | 5.32 % | 6.72 % | 310 | 450 | 75 % | 1.3 | 20,25 | 20,25 | |
| Mixed - Use | 3.02 % | 5.32 % | 80 | 310 | 75 % | 1.3 | 15,25 | 15,25 | |
| Subdivision-Acquis./ Development | 4.25 % | 12.75 % | 100 | 950 | 50-100 % | 1.25 | 1-3 | interest only | |
| Hotel / Motel (full & limited) | 3.72 % | 10.22 % | 150 | 800 | 75 % | 1.4 | 1-25 | 1-25 | |
| Casino / Golf Course / Resort / Gaming | 1.42 % | 10.22 % | 120 | 1000 | 65-100 % | 1.35 | 1-5 | interest only | |
| Church / Synagogue | 2.47 % | 12.22 % | 225 | 1200 | 75 % | 1.6 | 10, 20 | 20, 25 | |
| Asset Based Lending: any Non income producing Land, equipment, machinery & other Assets | 0.45 % | 6.25 % | -30 | 550 | 50 % | n/a | 1-3 | interest only | < |