Trans Lending NNN Financing
Brad
Hi, I'm Brad Whatley with Trans Lending Corp
(http://www.translending.com). We are commercial mortgage bankers who
provide NNN financing with very competitive rates and terms.
Triple Net Lease (NNN) Program
Loan Amount $500,000 +
Property Type Triple Net Lease: Credit and Non Credit Single Tenant
Current Rates 04/28/05 (subject to change w/o notice)
3 Year 6.25%
5 Year 6.625%
7 Year 7.0%
10 Year 7.3%
Adjustable Rate Fixed for the initial term. Adjusts annually over
5-Year Libor Swap after Fixed Term at following Basis Points:
3 yr 5 yr 7 yr 10 yr
190 BP 230 BP 265 BP 300 BP
Term
Fully Amortized-No Balloon
Amortization
25 to 30 year.
Loan to Value (LTV)
Up to 75%
Debt Service DSCR
1.2
Origination Fee
1-1.5 %
Rate Lock
At Time of Completed Loan Package to Underwriting
Reserves
NONE
Escrows
NONE
Prepay
NONE
Brad Whatley
Trans Lending Corp
Commercial Mortgage Bankers
1120 Lincoln St.
Suite 704
Denver, Colorado 80203
303.989.6095 Direct Office
720.308.8492 Cell
303.832.3829 Main Number
303.861.2459 Fax