Eligible Property Types| Property Type | Spread Over
10 Yr. Treasury | Max LTV | Min. DSCR | Maximum
Amortization | | Multifamily | 1.64%-2.25% | 80% | 1.20 | 30 years | | Office Building | 1.80%-2.65% | 80% | 1.25 | 30 years | | Anchored Retail | 1.59%-2.25% | 80% | 1.25 | 30 years | | Unanchored Retail | 2.24%-2.80% | 75% | 1.25 | 30 years | | Industrial Warehouse | 1.70%-2.60% | 80% | 1.25 | 30 years | | Mini Storage | 1.95%-2.48% | 80% | 1.30 | 25 years | | Mobile Home Park | 1.69%-2.05% | 80% | 1.20 | 30 years | | Independent Living | 1.90%-2.50% | 75% | 1.25 | 25 years |
This exhibit describes the current annual parameters of Midwest's available programs. The above programs contain additional details and requirements that are not included in this summary. All program requirements, parameters and underwriting criteria are subject to change by Midwest without further notice. |
 Midwest Mortgage Company LLC - Office Phone: 573-443-7794 Cell Phone: 573-964-5050 Toll Free Phone: 877-443-7794
Licensed in Missouri and Illinois.
Missouri Residential Mortgage License No. 06-259
Illinois Residential Mortgage License No. MB.0005769
© 2008 Myers Internet, Inc. All Rights Reserved
Powered by: Myers Internet, Inc. | Admin Login
|
