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Lender Profile

 

 

PIPELINE Customer - Synchronizes with BrokerPro users for automated commercial loan approvals.

 

Introducing a new kind of commercial real estate lender. A lender that does its homework up front, thoroughly researching the nuances and hurdles associated with your loan. That way, once we commit, we're 100% focused on closing your loan at the promised rates and terms. No bait-and-switch, no backpedaling, no arbitrary last-minute changes. Available in key markets around the country, it's a completely new kind of commercial real estate lending. But don't worry, you'll get used to it.

 

The EverBank® Commercial Lending Division offers commercial loans from $500,000 - $10,000,000 on income producing commercial properties. As one of the nation's largest and oldest privately held mortgage origination and banking institutions (with $3 billion in assets and over $12 billion in annual mortgage production), we are committed to meeting the lending needs of commercial mortgage bankers and brokers who serve the small balance commercial real estate market. We have tailored our partnerships so that we can provide our clients exceptional service and quality products in major and mid-sized metropolitan markets. We are a Wholesale based lender that values Mortgage Broker relationship lending with programs designed to offer multiple loan programs for a broad array of collateral types.

 

Coverage

Nationwide, except Alaska, Hawaii, Montana, North Dakota, South Dakota and Wyoming

Property Types

Multifamily, Office, Retail, Industrial, Self Storage, Mixed Use

Terms

80% LTV on Multifamily, 75% for Commercial; 30, 25, 20 and 15 year amortization.

Loan Programs

3, 5 or 10 year fixed-hybrids, rolling to 6 month LIBOR based adjustable rates with 1% semi-annual interest rate caps.

Loan Purposes

Permanent Financing

Par Pricing

Available to loan brokers

Loan Sizes

$500,000 to $10,000,000

Other

Our loan programs do not necessarily require impounds for replacement reserves, tenant improvements or leasing commissions and our prepayment schedules are fixed (no lockout, no yield maintenance and no defeasance).

* Rates, terms and conditions are subject to change.

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