Acquisition and Refinance for Commercial Real Estate
With Bridge and Permanent Options for Property Owners
PLUM Select Lending Program Parameters
| Loan Amount | $1 Million to $10 Million |
|---|---|
| Primary Focus | Stabilized Properties in 80+ PLUM Select markets |
| Debt Yield | Minimum of 9.00% |
| Collateral | First Mortgages |
| Interest Rates | Current coupons 3.50% and up |
| Loan Term | 5, 7, 10 and up to 20-year terms available |
| Maximum LTV/LTC | LTV Up to 75% |
| Recourse | Generally Non-recourse, subject to standard carve-outs only |
| Prepayment | Flexible Prepay |
| Amortization | Up to 30 Years, interest-only available for lower leverage loans |
| Origination Fees | None |
Customized Lending
PLUM Lending is a full service commercial real estate lender that provides creative structured finance solutions. We specialize in the capitalization of middle-market commercial real estate properties nationwide with a focus on secondary markets.
We provide borrowers with capital through our various direct lending programs.
Properties We Finance
We Simplify the Loan Process
1. Knowledgeable Consultation
A quick phone call with your dedicated loan originator to go over your specific scenario.
2. Secure Document Submission
Submit initial required financial documents discussed in the consultation to obtain a loan quote.
3. Term Sheet Issued
Once documentation is reviewed, you will receive a non-binding term sheet for discussion. PLUM will then issue you an official application on agreed-upon terms.
4. Loan Application Approved
Your loan passes through underwriting and third-party reports are completed. Once approved, loan documents will be drawn, and your loan moves to closing.
5. Loan Funded
Congratulations. You can rest easy knowing that you have acquired the right loan for your particular needs.
“ What really impressed me about my experience with PLUM is that this is the first time I’ve felt like a lender was on my side. When I talk to them it’s like I’m talking to someone on my team. They make the customer feel like they win, and I’d love to work with them again. “
RV Park, Montana
“I felt such a sense of relief that I was able to get a 20 year fixed-rate loan, as that was really important to me. “
Multifamily Property, California
Contact a Specialist to Get Started
Or Contact a Specialist Directly
415-651-7583
CONTACT
Tel: (415) 651 7583
COMPANY
© 2019 PLUM Lending. All Rights Reserved. | Terms of Service | Privacy | Plum, Inc. dba Plum and/or Plum Lending