At Pendrith Capital, we operate upon the core values of transparency, synergy, and trustworthiness. As a lower to middle market financial advisory firm, we put you and your visions first. We are always determined to help every client find the best capital options available.
FDIC – Insured conventional loans or mortgages are secured by banks and credit unions. Conventional mortgages are for both investment as well as owner occupied properties.
| Pendrith Permanent Conventional Loan | |
|---|---|
| Loan Type | Acquisition, refinance & refinance with cash out. |
| Loan Amount (USD) | 3 Million - 120 Million |
| Loan Amount (CA) | 1 Million - 85 Million |
| Loan to Cost | 85% |
| Loan to Value | 75% |
| Recourses | Loan can be recourse or non-recourse depending on underwriting criteria. |
| Standard Reserves | Taxes, Insurance Reserves (Based on several factors), and TI/LC (if applicable) |
Conventional loans generally have much more stringent underwriting criteria and will require a personal guarantor. This type of loan will limit the borrowers access to capital for investment properties due to contingent liability.
| Term | Fixed Rate | Floating Rate | Maximum LTV | Amortization |
|---|---|---|---|---|
| 3 Years | 6.17% - 8.19% | 6.22% - 10.47% | 85% - Owner-Occupied / 75% - Investment | 30 Years |
| 5 Years | 5.94% - 7.96% | 6.22% - 10.47% | 85% - Owner-Occupied / 75% - Investment | 30 Years |
| 7 Years | 5.91% - 7.93% | 6.72% - 10.47% | 85% - Owner-Occupied / 75% - Investment | 30 Years |
| 10 Years | 5.83% - 7.85% | 7.22% - 10.47% | 85% - Owner-Occupied / 75% - Investment | 30 Years |
| 15 Years | 6.33% - 8.85% | 7.22% - 10.47% | 85% - Owner-Occupied / 75% - Investment | 15 Years |
| Term | Fixed Rate | Floating Rate | Loan to Value | Amortization |
|---|---|---|---|---|
| 3 Years | 6.42% - 7.25% | 5.87% - 10.50% | 85% - Owner-Occupied / 75% - Investment | 30 Years |
| 5 Years | 6.19% - 7.02% | 6.02% - 10.50% | 85% - Owner-Occupied / 75% - Investment | 30 Years |
| 7 Years | 6.16% - 6.99% | 6.17% - 10.50% | 85% - Owner-Occupied / 75% - Investment | 30 Years |
| 10 Years | 6.08% - 6.91% | 6.37% - 10.50% | 85% - Owner-Occupied / 75% - Investment | 30 Years |
| 15 Years | 6.33% - 7.16% | 6.62% - 10.50% | 85% - Owner-Occupied / 75% - Investment | 15 Years |
