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Church Loans & Investments Trust
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| phone 806-358-3666 | fax 806-358-1430 | |
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Lending Area US |
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Loan or Investment Size $100,000 to $2,000,000 |
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Loan Types |
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| ACLF | Nursing Home | Most Senior Housing Projects |
| Affiliated and Non Affiliated Churches | ||
Loan Structure |
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| First Mortgages | Refinances | Construction W/O Take Out |
| Construction W/ Take Out | Fixed Rates | Adjustable Rates |
| Bridge Loans | Construction Loans, Prime + 2% | Perms Prime + 1%, to 15 yr ammort/5yr balloon |
Loan Fees |
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| Application Fees | To $1,000 | |
| Commitment Fees | 2-4% | |
| Processing Fees | ||
| Other Fees | 3rd party reports/case by case | |
Other Information |
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| Non Recourse Loans - On Occasion | Will Participation | |
| No Prepayment Penalty | ||
| Typical LTV: 65% | Income Producing (Stabilized) DSC: n/a | |
| Will deal direct and through non exclusive brokers. | ||
Lender Contact Information |
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| Mr. Robert Martin | 800-692-1111 | |
