M E Z Z O P T I O N

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A D V A N T A G E P R O G R A M D E T A I L S
M E Z Z O P T I O N Our unique business model
enables you to receive fast, simple and reliable
mezzanine capital, without the headache and
expense typically associated with the mezzanine
financing process or the burden of seller
records. Maximum LTV 10 Mezz / 85 combined
Loan Size 100,000 to 400,000 Minimum DSC
1.07x combined Term 5, 7 and 10 year options a
vailable Amortization A Note 30 year schedul
e B Note 30 year schedule Prepayment A Note
Step down percentage B Note Yield Maintenanc
e B Note may be retired independently Mezzanin
e Coupon 12.95 fixed (7 and 10 year term) 13.35
fixed (5 year term) Administrative Fee 1,00
0 / Origination Fee 1 of B Note

• Eligible Properties
• Existing apartment properties with 5 units,
  and limited mixed use
  
• Mobile home parks with 15 pads
• Loan Size
• 500 thousand to 5 million
• Location
• Nationwide
• Programs
• 3, 5, 7 and 10 year fixed terms, followed by
  floating rate periods up to 30 years
  
• 15 year fixed rate, fully amortizing
• 25 and 30 year amortizations
• 3 and 5 year interest only structures
  available
  
• Prepayment
• Fixed declining (no yield maintenance or
  defeasance)
  
• Personal Guarantees
• Required
• Guarantee drops to 50 with LTV below 75
• No recourse at 50 LTV

• Minimum DSC
• 1.20 based on the actual loan constant
• Fees
• Fixed third party costs of 3,500 for
• multifamily properties and 5,500 for mobile
• home parks
• Borrower to pay Title Insurance, Title Costs,
  
  
• Borrower Legal and Survey, if applicable
• Loan-to-Value
• 80 for purchase, rate term refinance and
• 75 for cash out refinance
• Escrows
• Real Estate Tax and Insurance escrows required
• Rate Lock
• 60-day forward lock available at a cost of 500

ADVANTAGE PROGRAM
M U L T I F A M I L Y F I N A N C E O P T I O N
S
FOR MORE INFORMATION CONTACT US AT
Investors Community Bank 860 N. Rapids Rd., Manit
owoc, WI 54220 Phone [phone] Toll Free 1-
888-686-9998 www.investorscommunitybank.com/capit
almarkets.html
Rate and terms are specific to each transaction.
This information is for discussion purposes only.