Insurance Companies as well as pension plans provide Alico Financial the opportunity to offer their commercial property investors some of the best non-recourse loan platforms available . Insurance portfolio loans have many advantages over other commercial financing options , however, their underwriting criteria is far more stringent with lower LTV’s as well as Debt Service requirements . In addition they generally do not lend in tertiary markets and prefer a sponsor with a solid commercial resume.
|Insurance Loan Terms||Fixed Rate||Loan to Value||Amortization|
|5 years||6.45% - 12.53%||80% - Investment||I/O|
|7 years||6.95% - 13.03%||80% - Investment||I/O|
|10 years||7.45% - 13.53%||80% - Investment||I/O|
|20 years||7.95% - 14.53%||80% - Investment||I/O|
|30 years||7.95% - 14.47%||80% - Investment||I/O|