Fixed Loans
WCB offers fixed rate loans as one of its many lending solutions for permanent loans and acquisition loans. Fixed rate loans lock in the interest rate so you exactly know how much you are paying despite the rise of interest rates.
Call us at : (818) 449-7700
Our lending experts are ready to give you more details and help you start the application process.
PROGRAM
Loan Amounts:
$500,000 - $5,000,000
Quality:
Avg. and above, clear properties
LTV:
Max. 70% - 75% Conventional investor properties
Max. 90% Owner occupied SBA 504 loans
Max. 80% Conventional owner occupied
Max. 50% - 65% Land, special purpose
DSCR:
1.25:1 to 1.35:1
Amortization/Term:
Up to 30 years amortization, depending on remaining life and condition of property
(Typical terms 30/10, 25/10, 15/15, 10/5)
Prepayment:
Yield maintenance and declining programs available
