11 – 7 – 12
A Pacific Northwestern Bank has expanded their commercial lending market for stabilized assets. Loan requests from $2,000,000 to $15,000,000 will be considered for core products (Industrial, Retail, Office & Multifamily) from the San Francisco Bay Area north to the Canadian Border. Rates start in the low-4% range for five year fixed. Ten year fixed terms are also available to 75% LTV. Program guidelines offer very flexible prepayment options, no legal fees, reserves, tax or insurance impounds.
