Loan Amount:

Minimum of $1,000,000

Liability:

Non-recourse

Assumability:

With consent of Lender and payment of 1% transfer fee.

Standard Loan Term:

5, 7, 9+1, 10, 15, 18, 25 & 30 years

Amortization:

Up to 30 years

Interest Rate:

Changes daily. Please call your Alliant Originator for today's rates.

Pricing Categories:
(Refer to Rate Sheet)

Tier Min DSC Combined Max LTV

 II    1.25           80% *

 III    1.35           65%

 IV    1.55           55%

*Maximum LTV is 75% for 5-year term and for Tier 2 Cash Out Refinances.

Prepayment:

Yield Maintenance and Alternative Defeasance. Other terms and conditions are available.

Minimum – Maximum Yield Maintenance:

3 - 4.5 years for a 5 year term loan
5 - 6.5 years for a 7 year term loan
7 - 9.5 years for a 10 year term loan

10 - 14.5 years for a 15 year term loan
10 - 15 years for 18, 25 or 30 year term loans
(Alternative yield maintenance periods are available.)

Reserves:

Taxes and Insurance
Replacement Reserves. (May be waived for Tier III & IV loans)

Application Deposit:

$13,500 (Includes appraisal, environmental assessment and physical needs assessment costs.)

Lender's Legal Fee:

$4,750

Survey:

Required (Except for AZ, CA, NV, OR and WA)

Origination Fee:

Greater of 1% or $20,000, payable at Closing

Commitment Fee:

2% (Refundable)

Occupancy:

Minimum of 85% for 90 continuous days

Supplemental Mortgages:

Available (Beginning 12 months after loan closing)

Extended Rate Lock:

Available