Brokers
Reliability through efficiency
AVANA CUSO’s seasoned Business Development Officers provide competitive quotes, in a timely manner, meaning your valued borrowers expectations are fulfilled.
Access to Nationwide Lenders
- Brokers gain access to nationwide lenders whose community mindset drives the devotion to invest in their communities. AVANA CUSO leverages our relationships in either primary or tertiary markets.
Terms
- AVANA CUSO targets $2-15 million average loan sizes.
- Competitive rates: starting at 4.25%
- We offer:
- 25 and 30 year amortizations
- Maximum LTV at 75%
- Minimum DSCR 1.25x
- Flexible terms:
- 5 year fixed
- 5+5
- Other combinations available
- No pre-payment penalty
Service Expectations
- AVANA CUSO facilitates the funding of loan opportunities on behalf of the broker community through its extensive network of credit union lenders.
- At AVANA CUSO we clearly communicate expectations and manage the process so that together we can fully execute our deliverables seamlessly and efficiently.
“AVANA CUSO continues to provide a much needed product supported by their ability to underwrite using common sense metrics. Their step-down prepayment structure and capacity to lend in most markets adds a flexibility most portfolio lenders will not offer.”
– David Stepanchak, SVP
George Smith Partners, Inc.