Highlights of UBOC Loan Program
 


Long Term Loans – 30 Year Terms with 30 Year Amortization

 

Existing Income Producing Real Estate

Currently In:  TX, CA, AZ, NV, OR, WA 

 

Fixed Interest Rates from 3 to 15 Years

Balance Sheet Lender – Loans Never Sold

 

60 and 90 Day Rate Locks Available at No Cost

 

1.20 or 1.25 DSCR, Depending on Property Type

Minimum Loan Amount $500,000

Maximum Loan Amount $3,000,000 (currently)

1/2 Point Rebates to Brokers

No Points

 

No Legal

 
Assumable for 1 Point

 

No Defeasance and Minimal Prepayment Periods, at Stepped Down Amounts 

65% Loan-to-Value on Apartments and Mobile Home Parks

60% Loan-to-Value on Commercial Properties

     Please contact us for our latest rate sheet and to request our Loan Application Package.  We can supply you with our forms or you can submit your own.  Initially, just forward the Income & Expense Statement and Current Rent Roll and we will provide a Letter of Interest, outlining your loan.

 
     Give us a call, send an e-mail or send a fax and we will quickly respond with an outline of our proposed loan.  We look forward to working with you!

 

 

 

214-922-4226 office
214-566-1956 cell

214-922-4210 fax

David.Albright@UBOC.com


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