Here you will find the basic parameters of each of Plum's current loan executions from our lending partners.

FANNIE MAE & FREDDIE MAC CMBS INSURANCE
COMPANY
BRIDGE COMMUNITY
BANKS
Property Type Manufactured Housing, Mulifamily Retail, Office, Industrial, Self-Storage, Manufactured Housing, Multifamily, Hospitality Retail, Office, Industrial, Self-Storage, Manufactured Housing, Multifamily, Hospitality Retail, Office, Industrial, Self-Storage, Manufactured Housing, Multifamily Retail, Office, Industrial, Self-Storage, Manufactured Housing, Multifamily, Hospitality
Loan Amount $1-$15MM $5MM + $1MM-$50MM $2.5-$75MM $1-$10MM
Loan Term 5, 7, 10, or 15 Years 5, 7, or 10 Years 3-25 Years 3 Years 3-10 Years
Maximum LTV 80% 75% 65-75% 75%-80% 75%
Recourse Both Non-recourse Both Non-recourse Generally recourse
Prepayment Structure Yield maintenance followed by step-down structure Defeasance or Yield maintenance Yield maintenance, step-down, or lockout 2% or 18 month lockout Generally fixed step-down
Rate Lock At Application At Closing At Application Floating At Closing
Amortization Up to 30 years  Up to 30 years Up to 25-30 years Interest Only Up to 25 years