Terms: 5 year balloon with a maximum of a 15 year amortization
Loan amount: (typically, we like a minimum of $100,000) Maximum $1,000,000 (exceptions may be made at the discretion of the bank)FICO Scores: minimum of 700 Debt to Income: 36% Maximum DSCR: 1.25x minimum LTV: 80% Max Automatic Payments are required on all aircraft loans Escrow services are required on all purchases No International Registry Client to pay the Escrow fees/title search fees and a $500 origination fee to TS Bank Prebuy inspection required on all purchases