A typical MCG loan includes...

  • 7.00-9.00% interest
  • 5-year fixed loan with balloon payment
  • Monthly interest only payments
     
  • Prepayment fee of 1% in the first 12 months
    • 0% after 12 months
  • Loan fee of 2.5%
  • Document preparation fee of $750.00


Appraisal is needed on a case-by-case basis. Values are subject to change based on the market and individual needs.