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COMMERCIAL MORTGAGE LOAN PROGRAM

Harris Note Investors Commercial Loans

Pricing & Underwriting Matrix

	Large Loans			Small Loans
	Standard			Small			Small B&C			Hard Money
Loan Limits Interest Rates Property Type	$1,500,000 -Up 200 bps – 350 bps over 10 yr. Tres.			$500,000 - $3,000,000			$300,000 - $3,000,000 10.5% - 15.5%			$500,000 - $5,000,000 13% - 15% Accrued Interest
Loan Limits Interest Rates Property Type	Max LTV	Min DSC	Term/Amort	Max LTV	Min DSC	Term/Amort	Max LTV	Min DSC	Term/Amort	Max LTV	Min DSC	Term/Amort
Multi-Family	80%	1.25	10/30	85%	1.25	10/30 15/15	70%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Mobile Home Park	80%	1.25	10/30	80%	1.25	10/30	60%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Anchored Retail	80%	1.25	10/30	75%	1.25	10/30 15/15	65%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Unanchored Retail	75%	1.25	10/30	75%	1.30	10/25	65%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Office Building	75%	1.25	10/30	75%	1.35	10/25 15/15	65%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Light Industrial & Warehouse	75%	1.25	10/30	75%	1.25	10/30 15/15	65%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Mini Warehouse	75%	1.35	10/25	70%	1.45	10/20	65%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Nursing Home & Congregate Care	60%	1.00	15/15	60%	1.00	15/15	60%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Limited Service Hotel/Motel	60%	1.00	15/15	60%	1.00	15/15	60%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only
Full Service Hotel/Motel	60%	1.00	15/15	60%	1.00	15/15	60%	1.00	15/15	50%	N/A	6 mo – 2 yr Int Only

SPECIAL PURPOSE LOANS

The following are acceptable properties on a case by case basis with low LTV’s –

Call for rates and terms.

Click here to fill out the Quick Loan Request Form.