Pinnacle | Small Balance Loans - Multifamily
Weekly Rate Advisory

SBL base pricing has decreased “5” bps for all products in all market tiers

Effective Mar 18, 2019

Fixed Rate Loans

As of Mar 18, 2019
5-year4.30% - 4.45%
7-year4.28% - 4.48%
10-year4.53% - 4.73%

Trailing Quarter Interest Rate Movement

Median of ranges plotted below

10-year U.S. Treasury
Graph for informational purposes only.

Featured Closings

Glendale, AZ
Glendale, AZ

$7,500,000
118 units

10-year fixed
5.06%
Refinance

Irving, TX

$2,665,000
50 units

7-year fixed
4.95%
Acquisition

SBL Program Overview

Fast, flexible, and cost-effective. As a Freddie Mac Optigo Small Balance Lender, Pinnacle Bank specializes in SBL financing.

Borrow $1 million to $7.5 million
Non-recourse debt with carve-out provisions
Interest-only loans
Up to 80% LTV / 1.25x DSCR (in certain markets)
30-year amortization
Flexible pre-payment options

Need advice on a small balance multifamily loan?

Contact your advisor today.

Contact Jim

Jim Going
Sr. Vice President
jim.going@pnfp.com
Dallas, TX
901 488 3533

Pinnacle | Optigo, Freddie Mac Multifamily
Distinctive Service. Effective Advice.
Equal Housing Lender | Member FDIC

You are receiving this email because of your relationship with Pinnacle Financial Partners. We send special communications to those who indicated their interest in our financial services. This is an advertisement.

150 Third Avenue South | Suite 900 | Nashville, TN 37201

©2019 Pinnacle Bank. All Rights Reserved.

Unsubscribe here.