Deal or No Deal for HMLs

[Ben Lee]

Would a HML lend me the rest of the money for this 46 unit?
Here it is.
LOAN PLAN 5 Year Fixed
LOAN TO VALUE 75% Max
DEBT COVERAGE RATIO 1.25 Min
CURRENT INTEREST RATE 3.900%
VARIABLE RATE INDEX 6 Mo. Libor
VARIABLE RATE MARGIN 2.550%
FLOOR / CEILING 3.90% / 9.90%
LOAN TERM IN YEARS 30
AMORTIZATION IN YEARS 30
RECOURSE Yes
ASSUMABLE Yes
PRE-PAYMENT 5-4-3-2-1
ESTIMATED COSTS
Loan Fee 1%
Appraisal $3,500
Processing/Underwriting $3,500