| Accrual: |
The method of accruing interest on the loan. This is stated either as "30/360" or "Actual/360" |
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| Appraisal Date: |
Date of collateral valuation |
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| Appraised Value: |
Value of the collateral |
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| Amortization Period: |
Number of months to fully amortize principal, as of the Note Date |
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| Balloon Payment: |
Principal balance due on the Maturity Date, if a fixed rate loan and not fully amortizing |
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| Coupon Rate: |
Interest rate on the loan. If a fixed rate, the actual rate; if an adjustable rate, the current rate. |
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| Current Balance: |
Principal balance outstanding as of the Information Date |
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| DSCR: |
Net Cash Flow (see NCF) for a period divided by the total debt service (principal and interest) for the same period |
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| Information Date: |
The date that the loan balance and other key information was last updated |
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| Interest Margin: |
If a fixed rate loan, blank; if an adjustable rate loan, the margin and the index |
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| IRR: |
The internal rate of return (IRR) represents the discount rate at which the present value of the loan cash flows (P&I payments and balloon payment) equals the purchase price of the loan. The IRR represents the true yield on the prospective investment, and will usually be the same rate as the loan coupon if the purchase price of the loan is the same as the current balance of the loan. If you're purchasing a loan at a premium, the IRR will be less than the coupon. The converse is true if you purchase the loan at a discount to its current principal balance. |
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| Lien Position: |
Priority of mortgage, usually in first or second position |
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| LTV: |
Current Balance divided by Appraised Value |
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| Maturity Date: |
Due date |
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| NCF: |
Net Cash Flow, or NOI less capital expenditures, leasing commissions and tenant improvements. |
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| NCF As Of Date: |
Last date in the period for which NCF is being presented |
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| NCF Period: |
Number of months in the period for which NCF is being presented |
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| NOI: |
Net Operating Income |
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| NOI As Of Date: |
Last date in the period for which NOI is being presented |
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| NOI Period: |
Number of months in the period for which NOI is being presented |
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| Note Date: |
Loan origination date |
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| Occupancy: |
Percentage of total SF under lease |
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| Occupancy As Of Date: |
Date of Occupancy assessment |
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| Original Amount: |
Loan amount as of the Note Date |
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| Original Term: |
Term of loan as of the Note Date, in months |
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| Payment Amount: |
Amount due on each payment date |
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| Prepayment: |
Description of call protection and/or prepayment penalties |
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| Property Type: |
Property use |
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| Rate Type: |
Fixed or Adjustable |
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| Remaining Term: |
Number of months remaining before the Maturity Date, as of the Information Date |
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| Servicing: |
Whether the Seller intends to sell the loan with Servicing Retained, Released or Either |
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| SF: |
Gross rentable square feet |
