December  2009

Commercial Real Estate Finance

Permanent, Construction, and Bridge Loans with Commercial Lending Access to Wall Street, Life Insurance

Pension Funds, FHA/HUD, Fannie Mae/Freddie Mac, SBA Government, Private and Hard Money Mortgage Investors.

All rights reserved ©2009 Nova Financial Funding Corporation.

 408.642.7023 

 Commercial Loan Amounts: $1,000,000. - $100,000,000.

Property Loan Types

United States & International

Fixed % Rate

10yr T-Bill/SWAPS

Min. – Max.

BPS Spread

Max / Min.

LTV / DCR

Loan Term (Years)

Amortization

(Years)

Apartment  / Multi-family:

Condo Conversion/Condotel:

Gas Station / C-Store:

Golf Course / Casino Gaming:

HealthCare / Senior Gaming:

Hotel – Motel / Resort:

Industrial / Warehouse:

Land Development:

Mobile Home / RV Park:

Office / Medical Bldg:

Outlet Shopping Mall:

Owner-User / Occ. Business:

Religious Facility /Non-Profit:

Retail Anchored Center:

Retail Unachored Center:

Self / Mini-Storage Facility:

Single Tenant, Triple “NNN”

Special Purpose / Mixed-Use:

5.075% - 7.55%

9.99% - 12.97%

8.09% - 9.25%

9.50% - 10.79%

6.02% - 7.56%

7.79% - 8.61%

6.53% - 7.54%

12.00% - 13.50%

5.40% - 7.92%

6.22% - 7.89%

6.81% - 7.71%

6.15% - 7.65%

6.75% - 8.63%

6.30% - 7.47%

6.99% - 8.52%

6.54% - 7.66%

6.51% - 7.93%

6.96% - 7.91%

165 – 250

Prime / LIBOR

300 – 425

300 – 415

220 – 340

249 – 365

175 – 230

Fixed & Adj.

172 – 255

185 -245

225 -355

Fixed & Adj.

Fixed & Adj.

175 -250

205 -365

180 -265

190 -270

270 - 425

85% / 1.15

60% / 1.25

80% / 1.40

65% / 1.50

85% / 1.20

75% / 1.40

80% / 1.30

40% / 0.00

75% / 1.20

80% / 1.30

75% / 1.40

90% / 1.25

75% / 1.25

80% / 1.01

75% / 1.30

70% / 1.30

75% / 1.25

75% / 1.35

10, 15, 30, 35

1, 2, 3

5, 10, 35

7, 10

5, 10, 35

5, 10, 15

5, 10, 15

1, 3, 15

5, 10, 15

5, 10, 15

10, 15

10, 20, 25

5, 10, 15

5, 10, 15

5, 10, 15

5, 10, 15

10, 15, 25

10, 15, 20

25, 30, 35

% Only

20, 25, 30

20, 25

30, 35

20, 25, 30

25, 30

% Only, 15

25, 30

25, 30

25, 30

15, 20, 25

15, 25

25, 30

25, 30

25, 30

10, 15, 25

20, 25

Bridge / Short Term Loans:

9.5% - 12.00%

Prime / LIBOR

75% / 1.25

1, 3, 5

% Only

Construction / Development:

7.00% - 7.54%

Prime / LIBOR

90% / 1.25

1, 2, 3

% Only

Mezzanine / Second T.D:

10.25 – 18.25%

Prime / LIBOR

92% / 1.25

2, 3, 5

% Only

90% Construction Program

Money Rates

Hard  Money Loans

FHA Commercial

 

80% LTV Upon Stabilization

90% LTC Financing

Non Recourse loans available
Retail, Office, Industrial,
Multifamily, Owner-User
Treasury Issues (%)
3-month: 0.11 5- year: 2.35
6-month: 0.21 10-year: 3.44
2-year: 0.93 30-year: 4.27
Benchmark Rates (%)
Bank Prime Rate 3.25
12 Month Treasury Avg:  .76
LIBOR 6‐month:  .75
11th District Cost of Funds:  1.47
1‐year T‐bill weekly Avg:  0.46
Consumer Price Index:
1‐year Inflation, US: -2.1%


Close in as little as 7 days



$Quick Closings$

Land Loans/Construction
Workouts / Problem Loans
Probate / Trust Buyouts
Partner Buyouts
Stated/Stated to 30% LTV
Full doc to 65% LTV
Investor Rehab to 95% LTV
VOE Only Program
Bank Statements OK
90% Construction/Perm
85%  HUD Purchase
100% HUD Refinance
≈≈≈≈≈≈≈≈≈≈≈≈≈≈

Multifamily/Apartments
Acute  Care Hospitals
Senior Housing/HealthCare

NO MAX Loan Amount on HUD refinance.

 

 

 

Small Business 

Finance

Land Loans

Fix & Flip

 Mobile Home Communities
Low Doc
Max loan $2MM
90% to $1MM

Working Capital- Recapitalization
Refinance/Acquisition

Speedy Land Loans

 

Un-Entitled Raw Land

40% LTV
We can fund on
Future Entitled Value
Investor Rehab
Max Loan: $400k  Max LTV: 80%
No Prepayment Penalty
No Primary Residence
Rate:12.5%
(Short Term Bridge)
California, Arizona, Nevada
50 Units or More
Flexible Terms
Competitive Rates
Lending Amount
$750k - $5MM

All Major Metropolitan Areas