Lowest risk in this environment would be 50% LTC 18-24 month i/o construction loan with mini perm to stabilization.Pricing maybe 5-6%

I personally need iOS but go ahead and share others for those on Android or Windows devices.Thanks!

If there is an I/O feature to this loan as a function of any modification the Seller probably wants to remove it.

Typically the HELOC/Line of credit is set up as a fixed term interest only where you pay a minimum IO payment until it recasts/matures. 

The rate is quite competitive 9.95% IO with 2% of the advance (per deal) and the line is for 18 mnths.I have a call with an underwriter tomorrow and wanted to get a feedback to see if anyone recently worked with corevest LOC or any of their other products.The closing costs for the LOC are about 2-2.2k

not quite chris.you would be charged the points upfront. so you would borrow $100k. pay your 5 points (5k) and would get your 95k. you would then pay 1k a month i/o on the full 100k.that's how its always been presented to me.

CMBS may not be the cheapest every time, but the combination of higher leverage, competitive pricing along with a 10 year fixed rate non recourse product and generous I/O period is compelling enough that can make a CMBS quote competitive for a lot of deals.

I seem to be missing the message/colleague request options on my iOS app...

Could it be some difference in the repayment method (IO vs something else)?  

Thanks for your work on this Mindy Jensen It seems that the iOS mobile app is now pulling in the correct local forum for me as well, Houston.