Phone: (323) 728 - 7700 Fax: (323) 908 - 4006
Owner-User Loan Programs
Rates updated: March 12, 2010
*Due to Market Conditions
All Margins subject to change
| SBA - 7a | SBA - 504 | Small Conventional |
Large Conventional |
|
|
Loan Size |
$250,000 to $2,500,000 |
$250,000 to $2,500,000 |
$250,000 to $3,000,000 |
$2,000,000 to $25,000,000 |
|
Current Rate |
5.25% |
5.70% |
5.75% |
5.70% |
|
Spread |
Prime Rate | 10 yr. Treasury | Not Quoted | 10 yr. Treasury |
| Margin | 2.00 | 2.00 | Not Quoted | 2.00 |
| Term | 25/25 | 20/20 | 30/7 | 25/10 |
| Owner must Occupy | 51% | 51% | 25% | 51% |
| Loan to Value (Max.) | 90% | 90% | 80% | 75% |
| Prepayment Penalty | 5-3-1 | 10,9,8,7,6,5,4,3,2,1 | SWAP SPREAD | Yield Maintenance |
| Adjustments | Quarterly | Fixed for Term | Fixed for Term | Fixed for Term |
| Loan Fees | 1.50% | 1.50% | 1.25 Points | ½ to 1 Point |
OWNER-USER/SBA LOAN FORMS
Checklist of Required Documents/Forms
Business Loan Application (B) - General Business
Rates updated: March 12, 2010