Mini-Perm Program - Silver Hill Funding

The Mini-Perm Program

Financing for both transitional & stabilized assets

DOWNLOAD A FULL DESCRIPTION SHEET

The Mini-Perm Program

Financing for both transitional &
stabilized assets

ARE YOUR CLIENTS LOOKING TO ACQUIRE, RECAPITALIZE, OR REPOSITION COMMERCIAL REAL ESTATE?

Business owners and real estate investors in today’s market have a pressing need for transitional financing solutions. For many, restrictive lending programs prevent them from securing the financing they require.

Silver Hill Funding recognizes this need and offers flexible mini-perm loans that make sense for a wide range of credit-worthy borrowers.

WHY CHOOSE SILVER HILL FOR YOUR MINI-PERM DEALS?

  • No origination or exit fees
  • Up to 80% LTV
  • Flexible prepay options

Program Highlights

Loan Amounts:

Max LTV Tier 1&2:

Purpose:

Term:

$1 MM – $5 MM

80%

Acquisition, Refinance, & Cash-Out Refinance

3 to 8-year primary term

PROPERTY TYPES Office, Medical Office, Retail, Industrial, Multifamily, Hotel (with an approved franshise agreeement),
MHC, Self-Storage, and other asset classes on a case-by-case basis

AMORTIZATION Generally up to 30 years (interest-only available for up to 2 years)

INTEREST RATES Fixed. Generally spreads of 400-600 over corresponding UST (or equivalent benchmark)

BORROWER Single Purpose Entities

OWNER-OCCUPIED
PROPERTIES
Allowed subject to minimum credit requirements

FEES Generally no lender or origination or exit fee

RECOURSE Non-recourse to Principals except for bad-boy carve-outs; further guarantees may be required on a case-by-case basis.

LOCATIONS Generally urban or suburban locations in primary, secondary, or tertiary markets

EARN-OUTS Allowed on a case-by-case basis

“Everyone involved was very helpful and worked hard to get this loan closed. I look forward to funding many more with your company.”

Anthony Tomasi, Jr.

Program Highlights

$1 MM – $5 MM

Acquisition, Refinance, & Cash-Out Refinance

3 to 8-year primary term

Office, Medical Office, Retail, Industrial, Multifamily, Hotel (with an approved franchise agreement), MHC, Self-Storage, and other asset classes on a case-by-case basis

Generally up to 30 years (interest-only available for up to 2 years)

Fixed. Generally spreads of 400-600 over corresponding UST (or equivalent benchmark)

Single Purpose Entities

Allowed subject to minimum credit requirements

Generally no lender origination or exit fee

Non-recourse to Principals except for bad-boy carve-outs; further guarantees may be required on a case-by-case basis.

Generally urban or suburban locations in primary, secondary, or tertiary markets

Allowed on a case-by-case basis

Download a Full Product Description Sheet
“Everyone involved was very helpful and worked hard to get this loan closed. I look forward to funding many more with your company.”
Anthony Tomasi, Jr.
Designed & Developed by Figment Design