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Lender Profile
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PIPELINE Customer - Synchronizes with BrokerPro
users for automated commercial loan approvals. |
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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.
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Coverage |
Nationwide,
except Alaska, Hawaii, Montana, North Dakota, South Dakota and
Wyoming |
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Property Types |
Multifamily,
Office, Retail, Industrial, Self Storage, Mixed Use |
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Terms |
80% LTV on Multifamily, 75% for
Commercial; 30, 25, 20 and 15 year amortization. |
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Loan
Programs |
3, 5 or 10
year fixed-hybrids, rolling to 6 month LIBOR based adjustable rates
with 1% semi-annual interest rate caps. |
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Loan
Purposes |
Permanent
Financing |
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Par
Pricing |
Available to
loan brokers |
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Loan Sizes |
$500,000 to
$10,000,000 |
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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). |
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* Rates, terms and conditions are
subject to change. |
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