Rates Quoted Below Include A 1% Origination Fee.

General Property Types
Loan Program	Owner-User		Investor
	Multi-Purpose	Special Purpose	Multi-Purpose	Special Purpose
Quarterly WSJ Prime	4.95%	4.95%	4.95%	5.13%
90 Day LIBOR	4.95%	4.95%	4.95%	4.95%
1 Year LIBOR	4.95%	4.98%	4.98%	5.23%
3 Year Resettable SWAP	5.95%	5.95%	5.95%	6.06%
5 Year Resettable SWAP	6.24%	6.99%	6.74%	6.99%
Start Ups, Add to Rate:	0.25%	0.25%	0.25%	0.25%
Refinances:	0.25%	N/A	N/A	N/A
Amortization:	25/25	25/25	20/20	20/20
Notes:	Rates are for bank portion up to 65% LTV; SBA 2nd rate will be less & 20/20 amort.  65% max LTV multi-purpose investor, special purpose will be less.Some programs subject to an interest rate floor.  DSCR:  1.25-Owner-User; 1.4- Investor.  Call for details.
Construction to Perm	7.00%	7.00%	N/A	N/A
	This program is available on Owner-User Properties ONLY.  Permanent Loan:  Choose "general property type" program above under "owner-user," borrower recieves market rate at conversion.  SBA 504 programs ONLY.  Rates quoted are at a 1 point cost.  Floor rate of 7.00%

NOTES: Borrower pays for 3rd party reports, including credit, appraisal, and environmental (Phase 1 or Scan). A Good Faith Deposit will be required with a signed Letter of Interest. In the event the loan is not approved, any remaining funds from the GFD will be returned to the borrower. If the loan funds, any excess is applied to origination and processing fees. Fees: Processing: Loans < $1MM - $990, $1MM-$3MM $1,480, >$3MM $1,980, >$5MM, call for quote, payable at funding. Pre-payment Penalties: Variable Loans come with a standard 5 year 5% flat penalty. All other loans come with a standard 10 year declining pre-payment penalty: 10%, ... 1%. Other penalty options available, call for pricing adjustments. 20% annual pre-payment allowed without penalty. Rates, loan programs, and underwriting criteria are subject to change without notice. This is not an offer to lend or to extend credit. **Risk Based Pricing: All loans are subject to adjustment for age and property condition, unstable historical operations, multi-layered borrowing structures, credit scores, subsidized housing, high percentage of singles and other exceptions to the underwriting guidelines. Start Ups: Add a minimum of .25% to rates quoted above. Rates and Programs subject to change without notice.

Commercial Bridge Loans
Rates:	10% to 14%
Points:	2 to 4
Term:	12 to 60 months, Interest Only
Loan Amounts:	$1,000,000 to $50,000,000. Larger loans on a case by case basis.
Notes:	Properties must be commercial, have cash flow, and a solid exit plan. Funds may be used for interest reserves, tenant improvements, leasing up, acquisition, and minor construction completion. Most property types considered. Please submit an Executive Summary with your request.

General Program Guidelines
PROGRAM TYPE	MULTI-PURPOSE	SPECIAL PURPOSE	HOSPITALITY	ENHANCED MULTIFAMILY
LOAN LIMITS	$500K to $50MM Investor; SBA 504 - $7MM	$500,000 to $50,000,000	$1MM to $50MM Investor	$1MM to $50MM
PROPERTY TYPES	Office Retail Mixed Use Industrial Office Warehouse Mixed Retail w/Office Light Manufacturing & Industrial Medical Office Dental Office	New Auto Dealers Light Automotive Auto Tire & Brake Centers Assisted Living Grocery Stores Daycare Centers Car Washes Funeral Homes	Strong Franchise Interior Corridor < 20 years old < 100 units	5+ units Mid-rise >25,000 population
MAX LTV/CLTV	60%/90%	60%/90%	60%/90%	75%/75%
LOAN TERMS	Owner User:  25 Year Fully Amortizing, Minimum 1.25 to 1.3 DCR.  Investor:  20 year fully amortizing, 1.4 DCR.			30 Yr. Amortization; DCR 1.25 - 1.55
MINIMUM CREDIT SCORE	650	650	650	680
MINIMUM EQUITY	10% to 20%	10% to 25%	20%	15%
COLLATERAL	1st TD-Real Property	1st TD-Real Property	1st TD-Real Property, UCC-1 on all FF & E	1st TD-Real Property
LOAN PROGRAMS	SBA 504 USDA B&I 1 Year Variable 3 Yr. Fixed 5 Yr. Fixed	SBA 504 USDA B&I 1 Year Variable 3 Yr. Fixed 5 Yr. Fixed	SBA 504 USDA B&I 1 Year Variable 3 Yr. Fixed 5 Yr. Fixed	30/5 30/7 30/10 30/15 30/30
INDEXES	Rates are tied to 90 Day & 1 Yr. LIBOR, 3 or 5 Yr. LIBOR Swap, or WSJ Prime
AVAILABLE PROGRAMS(Remaining Term after Initial Fixed Period)	At the end of the initial fixed term, the loan will automatically convert to the Borrower’s choice of: A)  Original Swap Index + margin, adjusting every three or five years OR B)  WSJ Prime Rate + margin, adjusting quarterly Borrower must make the selection above before closing the loan.
RATE LOCKS	30 day rate locks are available at no cost. 60 day rate locks are available with a deposit of $2,500 or 0.50% of the permanent loan amount, whichever is greater.  NOTE:  The 60 day rate lock deposit is refunded at the time of closing if the interest rate at the time the loan is closed is the same as the rate stated in the Commitment Letter.   If the interest rate declines and the Borrower chooses to lower the rate rather than take the rate stated in the Commitment Letter, the deposit is retained by the lender. The Rate is locked as of the date of the Commitment Letter.
Assumption:	Subject to review and 1% fee.
Escrows:	Taxes and Insurance required; Deferred Maintenance / Cap. Ex. as needed.
Loan Fee:	Loans quoted at PAR.
Application Fee:	Based upon estimated processing costs and required 3rd Part reports.
Funding:	45-60 days after receipt of due diligence items and an executed Application.

Index Rates