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<br>Then there is one price-readjustment to market. High-net-price borrowers, on massive, good-quality properties can get floating-fee bridge loans tied to LIBOR, with a margin as little as 4.5% to 5.5%. (LIBOR is admittedly-actually low.) Common offers to clean borrowers is likely to be priced at 6% to 8% floating over LIBOR. You can predict it with some precision. Simply lookup 5-yr Treasuries on the internet. Most SBA loans are made using the 7a Program, which is a 25-year, totally-amortized, floating-fee mortgage. And remember, most banks have this actual identical program. So what is the interest price? The speed is tied to prime, with a margin of 1.5% to 2.75%. Virtually all SBA loans are closed at 2.75% over prime. There is mostly some sort of declining prepayment penalty, like 3-2-1 or 5-4-3-2-1. There shall be a six-month window at the top of 5 years, and then the prepayment penalty will apply again to the second 5 years. The curiosity rate is then mounted for five extra years. 1% to 1.5% floating, 1 to 1.5 factors, one 12 months, interest-solely. Bridge loans vary vastly in value, depending on the standard of the deal and the borrower. What about SBA loans? Therefore, if 5-12 months Treasuries are 2.0% as we speak, your rate can be between 4.75% to 5.5%. Clearly, only the easiest deals get the bottom price. 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