CIMB Mortgage

Property Geographic Area Details

Primary Capital SourceBank Credit LineBank Pledge of Individual MortgagesCrowdfundingDebt Fund We ManageEndowmentsFamily OfficesFoundationsFriends & FamilyFund to Fund

Maximum Leverage

Purchase Short-Term (no Value-Add)

Purchase Long-Term

Refinance Short-Term (no Cash Out)

Refinance & Cash Out Short-Term

Refinance Long-Term (DSCR)

Residential Fix & Flip

Residential Rehab & Hold

Multifamily Value-Add

Loan Programs

Property Types and Loan Types

Loan TypesResidential

Junior Liens

Junior Lien Loan Amounts

Junior Lien Interest Rates

Origination Fees

Junior Lien Loan-to-Value

We Fund Junior Position Loans

Land Loan

Max LTV for Land

Max LTC for Land Acquisition

Purchase Loan

Max Loan-to-Purchase Price

Borrower Must Have Property Under Contract

Will Provide Proof of Funds Letter

Will Consider Lending on Purchase from Auction

Rehab Value Add Loan

Experience Required

Minimum Number of Value-Add Projects Completed by Borrower

Will Consider Lending on Purchase from Auction

Max LTC for Renovation Costs

Interest Charged for Renovation Costs

Typical Number of Days for Funds Draw

Construction Loan

Development Experience Required

Minimum Number of Ground-Up Construction Projects Completed by Borrower

Max LTC for Ground-Up Construction Costs

Interest Charged for Construction Costs

Will Lend on Partially Completed Construction Projects

Residential Long-Term DSCR Loans (1-4 Units)

Minimum Loan Amount

Maximum Loan Amount

Minimum Interest Rate

Maximum Interest Rate

Minimum Origination Fee

Maximum Origination Fee

Minimum Loan Term

Maximum Loan Term

Minimum Loan-To-Value

Maximum Loan-To-Value

Minimum Property Value

Seasoning Time

Minimum Debt Service Coverage Ratio

Minimum Credit Score

Will lend on vacation homes and short-term rentals

Will Lend on a Portfolio of Properties

Details and Requirements

Maximum Units for Multifamily Properties

Pre Payment Penalty

Deposit Required

Will lend to a foreign national

Will Consider Equity Joint Venture

Personal Guaranty (Recourse) Required

About

CIBM Bank is a wholly owned subsidiary of CIB Marine Bancshares, Inc.

At our full-service banking offices you’ll find a full array of Personal and Business banking services and products to help you create the life you want and to help your business continue to be successful. We work hard to be your partner and we understand that this means listening and responding to the unique needs of you and your company. We are committed to creating customized solutions to assist you in achieving growth and stability.

We value our clients and believe that banking is about relationships. We demonstrate our commitment to you and the communities we serve through unparalleled personal attention and genuine concern for the financial welfare and security of our clients. Your deposits at CIBM Bank are FDIC insured and the bank has a strong capital position with levels above the national average.

Year Established
2020

Primary Capital SourceBank Credit LineBank Pledge of Individual MortgagesCrowdfundingDebt Fund We ManageEndowmentsFamily OfficesFoundationsFriends & FamilyFund to Fund

Loan Structure for Majority of LoansA/B Note Participation with BankA/B Note Participation with Private InvestorLLC Syndicated InvestorsMultiple Investor Fractionalized NoteMultiple Lender ParticipationOne Investor One Loan

Percentage of Loans Secured by Commercial Property 75%

Percentage of Loans Secured by Residential Property 55%

Total Number of Loans Funded to Date 1,202

Total Loan Volume Funded to Date 5,000,000

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