ICS Bank Loan

Bank Loans

ICS Bank Loans provide competitive rates for stabilized buildings and A credit borrowers in need of permanent financing.

PURPOSE

Income producing property purchase and refinance transactions. Cash-out available.


PROPERTY TYPES

Multifamily, Manufactured Home Communities, Office, Retail, Industrial, R&D Flex, Self-Storage, SFR Rentals.


LOAN SIZE

$50,000 - $50,000,000

Capital requests in excess of 50M are available.


TERM

3 - 30 Years


AMORTIZATION

25, 30 & Interest Only


RATES

Starting at 3.5%

Rates are based on location, building quality, and leverage.


MAX LOAN-TO-VALUE

80%


PREPAYMENT

Loans can be structured with or without a prepayment penalty.


FEES / POINTS

0% - 2%

Points vary based upon property location, property type, income, and borrower financials. No point loans can be structured on select properties.


CLOSING TIME-FRAME

45 - 90 Days

Loans  are typically closed in 4 - 8 weeks from application.


FULL APPRAISAL

A full appraisal is required for all ICS Bank loans.


CUSTOMIZATION

Recourse and non-recourse available. Additional income property types considered on a case-by-case basis. Underwriting deposits may be required depending upon property location and deal type. Terms and conditions subject to change.

PROPERTY TYPES

Multifamily

Office

Retail

Industrial

Self-Storage

Manufactured Housing

Hotel / Motel

Loan Program  Brochures