It's about Results...
  • “A company was shopping the first mortgage of a SBA-504 loan. By using the secondary market, we won the deal..”
    Deby Miller Findley
    Vice President Commercial and SBA Lender
    BCB Community Bank – New Jersey
  • “The process was seamless and resulted in significant premium income to the bank..”
    Diane Heyden
    Senior Vice President
    Surf City Bank
  • “Using the secondary market, the bank was able to provide our customer with long-term financing at extremely competitive rates and terms. Win-win on many levels..”
    Kristine Chung
    Executive Vice President
    Security Bank of California

SBA 504 1st Mortages

Morgan Stanley Rate Sheet for Multi-Purpose Properties – Click Here

CDC Capital Markets partners with Morgan Stanley to provide banks with access to 100% direct funding or purchases of SBA-504 first mortgages. With direct funding, Morgan Stanley books the first mortgage loan on its balance sheet. On purchases, the selling bank books the first mortgage loan on its balance sheet, then sells it to Morgan Stanley.

Banks can use this program to play offense and defense to win deals.

Offense:

  • Beat your competition while keeping the full client relationship
  • Earn unlimited dollar amount of fee income (up to 10 points)
  • Market our rates and terms as your own and get new business

Defense:

  • Refinance existing 504 1st mortgages so another lender doesn’t take loan and relationship
  • Do out of market deals nationwide so another lender doesn’t take loan and relationship
  • Eliminate legal lending limit issues to a single borrower since we book the loan
  • Satisfy customer needs without affecting your balance sheet

Terms:

  • Available in all 50 states
  • DSCR of 1.2 or better, multi-purpose properties
  • 25 years fully amortizing, variable rates or fixed rates for 5, 7, 10 and 25-year terms
  • Direct fund or loan purchase 
  • Selling bank receives premium based on pricing

 For published LIBOR Swap Rates, Click HERE