My New Blog

$5 Billion Available

Assisted Living & Multifamily Program

Acquisition & Refinance

Property Types:

· Multifamily - Mixed Use

· Assisted Living - Student Housing

· Mobile Park Housing - Acquisition & Refinance

Terms and Conditions:

Ø Loan Size $1, 000,000 / No Maximum

Ø Pricing Tired Pricing Matrix. More favorable pricing available for higher DSC and lower LTV.

Ø Loan Term 5 to 30 years - Amortization Up to 30 years

Ø Minimum DSC 1.15 for a variable rate / 1.20 for fixed rate

Ø Maximum LTV 75% - 80% LTV

Ø Adjustable Rate Available. Priced off the one month or three month LIBOR. Convertible and non convertible options available.

Ø Eligible Property Multi-Family, Mixed- Use, Assisted Living,

Ø Eligible Borrower Single asset entity

Ø Occupancy Requirement 90% physical occupancy

Ø Tax & Insurance Escrows Monthly deposits required. May be waived if certain criteria met.

Ø Recourse Non-recourse with standard exceptions of fraud and misrepresentation can be waived for 100% restricted properties.

Ø Commercial Space Maximum 20% of net rentable area and maximum 20% of effective gross income

Ø Required Reports Appraisal, property condition, assessment and phase 1

Ø Prepayment Yield maintenance or defeasance

Ø Assumable Subject to approval and 1% fee

Ø Supplemental Loans Eligible for secondary financing after 12 months

Ø Closing Closing within 45 to 60 days

Mark V. Jones

Commercial Real Estate Services

Committed to Service. Dedicated to Close. Since 1992

Central Coast Direct Phone Line: (805) 234-4100

CA. Dept of Real Estate# 01119658

Central Valley Direct Phone Line: (209) 736-0518

E-mail: mvjonesloans@aol.com Web: www.mvjonesloans.biz