Property Types and
General Loan Guidelines
Apartment Loans

General Guidelines

Geographic Coverage:   All 50 states & Canada

Loan Size:    $500,000 and up

Loan Types:   Conventional, Conduit, Construction

Terms:  1-30 years

Loan to Value (LTV): 80%  & (CLTV): 90%

Loan Amortization:  30 years

Liability:  Non-recourse to borrower

Lender Costs:  $10,000 and up for 3rd party reports

Prepayment: Declining balance or yield maintenance

Closing Process:  Typically 45 to 60 days from receipt of a complete application

Assumability:  Yes

                                 
   Hotels

General Guidelines

Geographic Coverage:   All 50 states & Canada

Loan Size:    $1,000,000 and up

Loan Types:   Conventional, Conduit, Construction & SBA

Terms:  5-25 years on Fixed Rates

Loan to Value (LTV): 70% to 80%  & (CLTV): 85%

Loan Amortization:  25 years

Liability:  Non-recourse and recourse to borrower depending on loan program

Lender Costs:  $10,000 and up for 3rd party reports

Prepayment: Declining balance or yield maintenance

Closing Process:  Typically 45 to 60 days from receipt of a complete application

Assumability:  Yes  

                                  
    Healthcare

General Guidelines

Geographic Coverage:   All 50 states & Canada

Loan Size:    $500,000 and up

Loan Types:   Conventional, Conduit, Construction & SBA

Terms:  5-25 years on Fixed Rates

Loan to Value (LTV): 70% to 80%  & (CLTV): 80% to 90%

Loan Amortization:  25-30 years

Liability:  Non-recourse and recourse to borrower depending on loan program

Lender Costs:  $10,000 and up for 3rd party reports

Prepayment: Declining balance or yield maintenance

Closing Process:  Typically 45 to 60 days from receipt of a complete application











                                       
 Mix Use

General Guidelines

Geographic Coverage:   All 50 states & Canada

Loan Size:    $1,000,000 and up

Loan Types:   Conventional & Conduit

Terms:  5-15 years on Fixed Rates

Loan to Value (LTV): 75% to 80%  & (CLTV): 90%

Loan Amortization:  30 years

Liability:  Non-recourse and recourse to borrower depending on loan
program

Lender Costs:  $10,000 and up for 3rd party reports

Prepayment: Declining balance or yield maintenance

Closing Process:  Typically 45 to 60 days from receipt of a complete
application

Assumability:  Yes                     

                          Office

General Guidelines                         

Geographic Coverage:   All 50 states & Canada

Loan Size:    $500,000 and up

Loan Types:   Conventional, Conduit & SBA

Terms:  5-25 years on Fixed Rates

Loan to Value (LTV): 70% to 80%  & (CLTV): 90%

Loan Amortization:  30 years

Liability:  Non-recourse and recourse to borrower depending on loan
program

Lender Costs:  $10,000 and up for 3rd party reports

Prepayment: Declining balance or yield maintenance

Closing Process:  Typically 45 to 60 days from receipt of a complete
application

Assumability:  Yes  

                       Retail
General Guidelines

Geographic Coverage:   All 50 states & Canada

Loan Size:    $1,000,000 and up

Loan Types:   Conventional, Conduit

Terms:  5-15 years on Fixed Rates

Loan to Value (LTV): 80%  & (CLTV): 90%

Loan Amortization:  30 years

Liability:  Non-recourse and recourse to borrower depending on loan
program

Lender Costs:  $10,000 and up for 3rd party reports

Prepayment: Declining balance or yield maintenance

Closing Process:  Typically 45 to 60 days from receipt of a complete
application

Assumability:  Yes  

                      Self Storage

General Guidelines

Geographic Coverage:   All 50 states & Canada

Loan Size:    $1,000,000 and up

Loan Types:   Conventional & Conduit

Terms:  5-15 years

Loan to Value (LTV): 80%  & (CLTV): 90%

Loan Amortization:  25 years

Liability:  Non-recourse and recourse to borrower depending on loan
program

Lender Costs:  $10,000 and up for 3rd party reports

Prepayment: Declining balance or yield maintenance

Closing Process:  Typically 45 to 60 days from receipt of a complete
application

Assumability:  Yes  

      More Loan Programs

Programs Program Description Highlights
Conduit Small Balance

Loan amounts from $1,000,000 - $5,000,000


Limited documentation and reduced underwriting for this program.
Reduced fees.  


Credit Tenant Lease

Program for existing and "to-be built." Investment Grade, sub-investment
grade and even non-investment grade considered.  Minimum loan amount
of $2,000,000.


This is a unique loan program for investment and non-investment grade
single tenant properties.  Borrower credit and property issues generally not
a problem.  Loans up to 100% of value.  Construction to perm loans
available.


Mezzanine Loans on Conduit Product

Loans up to 90% of value. $250,000 minimum mezzanine loan amount.  
For properties with senior loans greater than $5,000,000.


Offered only if BSC does senior loan. Increases of 5% generally available.
Greater than 5% on an exception basis. No additional underwriting required


Traditional Conduit

Loans from $2,000,000 and up


Very competitive pricing for 5,7,10 and 15 year term loans.  Loans up to
80% for multi-family and certain commercial properties.  Interest only and
mezz available on a case-by-case basis.


Portfolio


Programs Program Description Highlights
90% Program

Quick Close, Limited Property Analysis, Credit Score Driven $300,000 -
$1,500,000


Now funding a wide variety or property types under this program. Call for
details.


No Prepayment Penalty program

$1,000,000 to $50,000,000


Fixed rate 5 and 5+5 year fixed rate programs with no pre-payment
penalty.  Most commercial property types including hospitality and gas
stations.


Traditional Commercial and Multi-Family Loan Programs

Loan amounts from $500,000 to $50,000,000


Multiple competitively priced fixed and floating rate programs available with
terms up to 30 years. Many programs options available including fixed to
floating programs, interest only and earn-outs.  Generally recourse but
limited and non-recourse programs available.




Speciality Programs


Programs Program Description Highlights
Church and Religious Facility Loans

Construction and Permanent loans for religious facilities.  Loan amounts
from $500,000 and up.



Construction and permanent program with terms up to 27 years,
non-recourse and no pre-payment penalty.  Interest only available for up
to 10 years.  Multiple program options available.


Gas Station Program #1

Loan amounts up to $1,000,000


This unique program allows financing on Gas Stations with auto repair and
lube bays up to 75% LTV. Call for details


Gas Station Program #2

$500,000 and up


This program is designed for Flagged Gas Station with Convenience
Stores/Car washes. Up to 65% LTV (will allow to 75%LTV - deal
dependant).

*No Owner/Operator


Hard Money and Bridge Loans

Loan amount from $500,000 and up.


Typically income producing properties but land transactions will be
considered for properties in strong markets. Entitlement's preferable but
not mandatory.  


Call today for more information: 1-888-803-7334