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FUNERAL HOME FINANCING

FUNERAL HOME BUSINESS FINANCE

REFINANCE

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Funeral Home Acquisition Finance...
Land, Building and Business

The following information is to be used for illustration purposes only and is subject to change. This information contains summaries of terms and requirements for Funeral Home Acquisition Finance which are subject to changes in market conditions and underwriting requirements. Terms and conditions must be customized for each loan request.

Option  1 Option  2

Interest Rate:
New York Prime plus 3.50% adjustable daily
Term: 15 years, fully amortized.
Loan to Value
: Up to 90%
Loan Fee (s): 4-6% of amount financed.
Requirement: Borrower must enroll funeral home business into Master Management Agent Program which provides lender with additional layers of collateral protection.

                        APPLY HERE  

Interest Rate:
New York Prime +2.75% adjusted to a calendar  quarter basis.
Term:
23 years <> fully amortized Permanent.
Term:
6 – 12 months on construction
Prepayment Penalty:
5-4-3-2-1
Loan to Cost: Up to 75% on construction
Loan to Value: Up to 75% acquisition and refinance
Recourse: Full
Loan Fee (s):
3-4% permanent, 3-4% construction  
Loan Caps:
$200,000 - $2.5 million  

                        APPLY HERE
Option  3 Option  4

Interest Rate:
WSJ Prime + 2.75%
Term:
Up to 25 years fully amortized
Prepayment Penalty:
5-3-1
Loan Fees: Packaging and arrangement quoted per transaction
Loan Guaranty Fee:
1.70% to 2.60% of the loan amount
Loan to Value:
Up to 80% and 90% collectively
Recourse:
Full
Loan Caps:
$150,000 to $2.0 million

                         APPLY HERE  


Interest Rate:
New York Prime plus 3-4% adjusted quarterly
Term: Up to 20 years, fully amortized.
Loan to Value:
Up to 80% real estate + $500,000 business
Recourse:
Full
Prepayment Penalty:
Subject to loan term
Loan Fee (s): 4-6%
of amount financed.
Loan Caps: $300,000 - $5 million

APPLY HERE  

Option  5 X


Interest Rate:
11 – 13% Fixed
Term: Up to 3 years
Payments:
Interest only monthly
Loan to Value:
Up to 60%
Recourse:
Full
Loan Fee(s): 4-6%
of amount financed.
Loan Caps: $300,000 - $20 million

Security:
Land, Building plus Business  

APPLY HERE  

 


Additionally, there are many other finance options available to serve your financial needs. Options shown here are the most commonly preferred by our customers. Funeral Home financing may provide other finance options at your request. Please complete the Funeral Home financing Online Application for a prompt reply to your questions.

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