Mortgage Income Loan Guidelines*

  1. First mortgage collateral position
  2. Maximum loan-to-value of 75%
  3. Maximum loan-to-cost of 90%
  4. Maximum 20-year term / 30-year amortization
  5. Guarantees on construction loans
  6. Prepayment fees
Building at Wllshire and Vermont , Los Angeles, CA
*Criteria generally used in determining whether proposed mortgage loans may be made. Deviation or exceptions to guidelines may be made, subject to required investment committee approvals.