WCB

Adjustable Loans

If you are searching for the right adjustable interest rate loan, WCB can provide the right solution for you. The rates adjust at specified intervals. We can work with you to find the right loan program to fit your needs.

Program:

Loan Amounts:
$500,000- $5,000,000, larger on a case by case basis

LTV:
Maximum 70%-75% on conventional investor properties
Maximum 90% on owner occupied SBA 504 Loans
Maximum 80% conventional owner occupied
Maximum 60-65% Land, Special Purpose

DSCR:
1.25:1 to 1.35:1

Type/Index:
6 month LIBOR, CMT, WSJ Prime, US Treasuries, Corresponding Swaps

Floor Rate:
Start rate is floor on all programs

Sizing/Qualifying:
Loans are sized at fully indexed rates