M&T Realty Capital Corporation® works with a broad network of institutional and life insurance company investors to provide mortgage financing for commercial income properties. Life insurance company investors are typically portfolio lenders, retaining and servicing the loans post-closing, which provides for more borrower flexibility during the term of the loan.
Our Correspondent Network
Comprised of some of the most respected life insurance companies in the nation.
Our Correspondent Network
Comprised of some of the most respected life insurance companies in the nation.
Characteristic Terms1 | Life company debt placement |
---|---|
Minimum loan!amount | $3,000,000 |
Maximum Loan-to-Value (LTV) | 60% – 70% |
Minimum Debt Service Coverage Ratio (DSCR) |
Typically 1.20x – 1.40x |
Loan term | 5 to 20 years. |
Amortization | 10 to 30 years |
Rate type | Fixed |
Interest-only | Partial term may be available |
Early rate lock options | Typically 60-90 days, longer terms may be available |
1 loans and all terms referenced herein are subject to receipt of a completed application, credit approval and other conditions.
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Our program managers can talk through yourneeds to find options that work for you.