Home builder finance conduit lending program 4 15 15 malkin

• Non-Recourse Acquisition, Development &

Construction Lending at 85% LTC or 75% LTV

• Lending is Subject to the Lender’s Underwriting and

Approval Process

Program Highlights

For Qualified Builder’s in Select Markets

• Minimum Loan $3 Million and Maximum of

$50 Million

• Typically to 100 Home Sites (Can Exceed)

• Loan Terms are 12 to 48 Months

• Fast Turn Around on Lending Decisions

* HOME BUILDER FINANCE * [email protected]

BUILD AN ANNUITY…HELP BUILD A COMMUNITY

Approved Markets

CALL: 941-350-0235

Non-Recourse Builder Program

Frequently Asked Questions

• What is the Project Loan Size? $3 Million to $50 Million; Higher in Select Cases

• What is the Project Unit Size? Typically Up to 100 Units; Greater in Select Cases

• What Type of Product? Single Family, Townhouse, or Condominium

• What is the Interest Rate? Prime Based with a floor between 6.5-7.5%

• Are there loan commitment Fees? 1% Per Annum on Outstanding Balance

• What is the Term of the Loan? Up to 36 Months; 48 Months in Select Case

• What is the Loan to Value or Cost? 85% LTC or 75% LTV Blended on AD&C Loan

• Is there an Exit Fee? Yes, at Close of Escrow Based on Deal Risk

• Why is Approval Fast? Non-Regulated Lender - Flat Organizational Structure

• Does Builder Credit Matter? Lending Primarily on Project Merits & Feasibility

• How Does SVN Advisor get Compensated Borrower Compensates SVN Advisor




Sample Document Request Information

Project Development Information Personal & Company Financial Information

Location & Description Area Current Personal Financial Statement

Project Development History Current Company Financial Statement

Pro Forma, Cash Flows, & Cost Breakdowns 3 Years Personal Tax Returns

Market Studies or Comparable Sales 3 Years Company Tax Returns

Plans and Specifications of Site Contingent Liabilities & Litigation

Plans and Specifications of Floor Plans Personal Judgments, Liens & Creditors

All Relevant Government Approvals Organizational Structure

Copies of All Relevant Permits Local Experience & Relevant Background

Critical Path & Development Schedule Current List & Description of Existing Projects

All Relevant Support Data All Relevant Support Data




Loan Timeline and Critical Path



Step 1

Loan Package

Submittal

Step 2

Preliminary

Approval

Memorandum

Step 3

Final Approval

Memorandum

Step 4

Close and Fund

Step Note

SVN Strategic Funding

Conduit Advisor identifies

project, assembles package

for lender & facilitates

submittal documents

Step Note

First level of Loan Approval

from the Lender’s Committee

Results in Detailed Term

Sheet and is Subject to Final

Lender Under Writing

Step Note

Term Sheet & $25,000 Loan

Commitment Fee; Applied

Only To Actual Costs.

Appraisal and Other 3rd Party

Confirmation; Preparation of

Closing Documents

7-10 Days 14-21 Days 21-30 Days

STRATEGIC

FUNDING

CONDUIT

Home builder finance conduit lending program 4 15 15 malkin

Real Estate

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