Owner-Occupied Properties

Loan Amount

$750,000 – $10,000,000

Loan Term

10-year fixed, 20-year fixed, 25-year fixed or floating

Amortization

20 or 25 year standard

Minimum DSCR

1.25x+

Maximum LTV

  • Acquisition Leverage: Up to 90%
  • Refinance Leverage: Up to 90%

Interest Rate

Check with your ASC representative

Geographic Location

National

Eligible Property Types

Tier 1

  • Retail
  • Office
  • Light Industrial
  • Manufacturing
  • Hospitality
Tier 2

  • Distribution
  • Gas Stations
  • Auto
  • Restaurants
  • Special Use

Recourse

Full

Pre-payment

Step down

Assumability

Yes

Eligible Borrower

  • 640+ personal credit score
  • Net worth to loan request ratio of 1.0+
  • Liquidity: 3 months of the P&I payment
  • 3 + years of industry experience

Eligible Property

  • 51% of property occupied by business
  • Business is cash-flow positive
  • Loan is currently in good standing
  • Loan proceeds for business use only