Product Type:	Multi Tenant Office  Strip Retail W/Anchor  One Tenant Office  Strip Retail W/O Anchor Owner Occupied Office  Medical Office  Warehouse/Distribution  Unfurnished Apartment
Loan Size:	Minimum: $300K  Preferred: $1MM to $10MM
Financing Types:	First Mortgages/Deed of Trust  Rate Fixed 5 years, 7 years, 10 years  Up to 30 year amortization periods  Non recourse available with BAA rated tenants and largers apartments
Maximum LTV:	75% (up to 80% for apartments)
Minimum Debt  Service Requirements	(Typical Product) 1.25 to 1.00 net operating income to debt service
Type of Appraisal  Required:	MAI
Typical Rate Structure  for Today's Business:	Correspondent Treasury Yield plus 125 to 250 basis points.  Smaller loans NY prime plus 1%    Example: 5.565% (10 yr. U.S. Treasury Notes, Wall Street Journal,  2/5/98) 2.250%  Basis Points 7.815% Rates vary based on specific deal and prevailing market  --Check for current pricing
Points:	Lender 0.0% to 2.0%, usually 1.0% plus 1.0% to Melbourne Financial Corporation
Rate Lock:	At commitment
Prepayment Penalty:	Yield Maintenance Basis or Fixed
Comments:	Not typically interested in deals being "shopped" to other brokers or lenders.  Initial submission should include:  Financial Statement on Borrowers  Full description of the Improvements  Location Map and Lot Size  Rent Roll  Current Year-to-Date Operating Statement for the project plus 2 years past statements, if available  Old Appraisal, if available