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BankFinancial is Changing the Commercial Real Estate Landscape.
The BankFinancial Advantage
See all your financing options with a personalized Loan Quote Comparison prepared for your specific real estate deal. Whether BankFinancial funds your loan or we place it for you through our Capital Markets Network, you will save money over any other options you may choose - that is the BankFinancial Advantage. Let our experienced team guide you through the entire process and help you determine which financing option is best for you.
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Loan Quote Comparison |
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Property Type: |
Based on a $2,500,000 Appraised Value |
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Lender 1 |
Lender 2 |
Lender 3 |
Lender 4 |
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Loan Amount |
$1,875,000 |
$1,875,000 |
$1,875,000 |
$1,750,000 |
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Loan Type |
5/1 ARM |
5/20 Hybrid |
5/30 Hybrid |
10-Year Fixed |
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Fixed Term |
5 Years |
5 Years |
5 Years |
10 Years |
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Adjustable Term |
25 Years |
20 Years |
25 Years |
N/A |
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Amortization |
30 Years |
25 Years |
30 Years |
30 Years |
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Prepayment |
Yes |
Yield Maintenance |
Yield Maintenance |
Yield Maintenance |
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Recourse |
Yes |
Yes |
None |
None |
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Interest Rate2 |
3.89% APR3 |
3.75% APR |
3.487% APR |
3.89% APR |
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LTV |
75% |
75% |
75% |
70% |
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DSCR |
1.25x |
1.25x |
1.20x |
1.30x |
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Debt Yield |
8% |
N/A |
N/A |
9.50% |
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Estimated Lender Fees |
$4,650 |
$18,750 |
$0 |
$17,500 |
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Bank Fee |
- |
0.50% |
0.50% |
0.50% |
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3rd Party Expense Fee |
$0 |
$6,000 |
$14,000 |
$12,500 |
All loans subject to credit approval. The above loan quote comparison is for illustration purposes; all costs are estimated.
1. Government-Sponsored Enterprise 2. Rates are effective as of 8/6/2020 and subject to change. 3. Interest Rate is based on a dual note blended rate.
1. Government-Sponsored Enterprise 2. Rates are effective as of 8/6/2020 and subject to change. 3. Interest Rate is based on a dual note blended rate.