Underwriting Profile
Includes warehouse (single or multi tenant), manufacturing, research and development, flex space, light industrial, heavy industrial, other industrial
*Max. LTV - 75% to 80%
*Max. Amortization - 25 years
*Min. DSCR - 1.20 to 1.25x
*Min. Vacancy reserve - the greater of actual or market vacancy, typically
7% to 10%
*Min. Tenant improvement and leasing commission cost (TI/LC) - the greater
Of actual or $0.25 to $0.35 per square foot
*Min. Replacement reserves - the greater of actual or $0.10 to $0.20 per square foot.
*Capitalization rate - use market=-driven capitalization rate, typically 7% to 11%
 Southeast Commercial Capital - 117 East Walnut Street - Goldsboro, NC 27530 Office Phone: 888-570-3336 Fax: 866-596-4889 :: Get a Quote :: Apply Now :: Commercial Loan Process :: Types of Loans :: About Stated Income :: Commercial Mortgage Links :: Glossary :: Request Loan Status :: Calculating Net Operating Income :: Calculating Debt Service Coverage :: Calculating Cap Rate :: Commercial Underwriting :: Contact Us :: About Us :: Tell-A-Friend :: Credit Report :: Marketplace :: Home :: We lend in the following states:Nationwide Except NC,CA,NJ,NV © 2012 Myers Internet All Rights Reserved Powered by: Myers Internet | Admin Login |