Mezzanine Product
Summary
One Underwriting, One Approval, One Commitment
and One Closing Process
The mezzanine product provides our strategic lending partners with
the ability to offer supplemental mezzanine financing in conjunction
with their senior conduit loans. On a delegated underwriting basis, we
provide our Strategic Lending Partners with a “B” Note product that
allows them to lend an additional 5% of appraised value (up to 85% LTV)
on the same term and amortization as the senior loan. There is just one
underwriting, one approval, one commitment and one closing process. Our unique business model
enables borrowers to obtain fast, simple and reliable mezzanine capital, without the headache and expense
typically associated with the mezzanine financing process. All
commercial property types (except healthcare) located within the
continental United States are eligible.
| Guidelines | Core Product |
| Property Types | All types, except healthcare |
| Loan Amount | 5% of appraised value |
| Min/Max Loan Size | $250,000 to $3,000,000 |
| Coupon | 12.75% fixed |
| Origination Fee | 1% |
| Application Fee | $2,500 non-refundable inspection/loan processing fee payable to American Trust Corporation with the loan application, will be credited to origination fee at closing |
| Terms | Matches A Note (7-15 years) |
| Amortization | Matches A Note (up to 30 years) |
| Minimum DSC | 1.07x combined |
| Maximum LTV | 85% combined |
| Lockbox | Not required |
| Loan Structure | B Note |
What We Do
Lending Programs
Property Types
Application Forms
Global Financing Solutions
Short Term Commercial
Float to Fixed
Small Loan Programs
Hard Money Loans
Credit Tenant Financing
Mezzanine
Multifamily
Office
Health Care Financing
Hotel & Resort Financing
Auto, Marine & Equipment Financing
Mobile Home Park
FHA & Fannie Mae Products
Self Storage
Retail
Industrial
SBA Programs
Factoring and Business Finance
Small and Rural Hospital Finance
