Off-Balance Sheet Solutions
In addition to closing and servicing loans on the balance sheets of our funds, Wilshire's strategic relationships enable us to provide bank, credit union, insurance company, finance company, CMBS, and agency financing solutions. As a result, our team has the capital access needed to tailor creative, best-in-class solutions for our client's needs.
Agency loans include SBA, Fannie, Freddie, and HUD catering to experience borrowers with seasoned operating assets. These loans are highly structured offering extremely competitive rates, varying recourse provisions and longer amortization terms with leverage in-excess of 80%.
Banks and Credit Unions offer the borrower more flexibility in financing. Loan conditions may include fixed or floating rates, initial interest-only periods, three to ten years in duration with recourse and leverage from 65%-75%.
Life Companies cater to borrowers who want longer loan terms with the greatest flexibility in structure. These loans are more conservatively underwritten and rely heavily on the sponsorship and asset quality, providing terms over fifteen-years, varying recourse provisions, and leverage to 70%
CMBS execution is an attractive avenue for many borrowers. They are typically aggressively priced, non-recourse, fixed rate loans with terms up to ten-years and leverage exceeding 75%.