Residential Mortgage Banking Overview slide image

Residential Mortgage Banking Overview

SBA 7(a) Case Study Sobriety Center New Hampshire RECOVERY STARTS HERE Name: Location: Loan Purpose: Business: Sobriety Centers of New Hampshire Antrim, NH 03440 Real Estate Purchase Outpatient Mental Health and Substance Abuse Centers READY CAPITAL. LOAN AMOUNT: PRICING BASIS: RATE: $1,458,000 Variable Prime 175 bps GUARANTEE: 75% SALE PREMIUM: 9.38% SECURITIZATION ADVANCE RATE: 71.20% SERVICING STRIP: 1% DEBT COST: 8.48% LIEN: 1st ORIGINATION DATE: May 2023 TERM (MONTHS): 300 AMORTIZATION (MONTHS): 300 LOAN-TO-VALUE: 91% PERSONAL GUARANTEE: Yes RETAINED YIELD: 15.47% 18
View entire presentation