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GSP is working with a Southern California bank funding special use commercial assets to $8,000,000. Rates may be fixed for 3, 5, 7 & 10 years with the option to self-liquidate over 25 years, removing all balloon event risk. Office condos, franchised restaurants and gas-free automotive use will be underwritten for owner/user and investor alike. Rates range from 4% to 5.5% depending on term and risk profile. Impounds and reserves are not required up to 65% LTV. |