Benefits and Fees
Benefits
- Up to 87.5 percent financing
- Longer term maturities - up to 25 years
- Fixed or floating rates
- Attractive interest rates
Application Fee
- $5,000
- Credited against investigation fee
Investigation Fee
- 1/2% of first $10,000,000
- 1/8% of amount in excess of $10,000,000
Guarantee Fee
- 1/2% to 1% of average amount of outstanding obligations
- Fee determined based upon borrower's financial condition
- Present value of cumulative annual fees due at initial closing
- Fee can be financed