| Small Balance Commercial and Multifamily Loans At Rockport, we recognize the difficulty Borrowers have in finding loans for smaller properties, whether it’s a strip mall with a couple vacancies or a store with a few apartments above it. Through its correspondent lender, Rockport is able to provide commercial and multifamily loans as small as $500,000. Commercial mortgage loan structures are often available for these small deals and borrowers can choose between a fixed rate, a floating rate or a combination. Conduit Loans Rockport has the experience to structure complex CMBS conduit transactions and the relationships to get them closed. In most circumstances, our correspondent lenders split their finance fee with Rockport, allowing us to deliver the best terms in the market at no extra cost to the Borrower. These loans are non-recourse to the borrower excluding the standard industry carve outs. Agency Multifamily Loans (Fannie Mae & Freddie Mac) Rockport prides itself on its knowledge of the Freddie Mac and Fannie Mae loan programs and on our ability to not only structure loans within the parameters, but more importantly, on knowing where waivers are likely to be granted. Also, as a premier HUD lender, one of the great benefits to using Rockport is the ability to get a true side by side comparison by someone who understands the intricacies of the different agency products. Agency loans are all non-recourse to the borrower excluding standard carve outs. Conventional Bank / Portfolio Loans Over the past few years, much of Rockport’s debt placement success has come by way of arranging balance sheet financing for its clients. One of the major advantages to loans that do not enter the secondary market is that the banks can be very flexible and aggressive in terms of structure and proceeds. Many of the bank loans we have arranged are for short terms (2-5 years) and have competitive rates with no prepayment penalty. These loans make a great mini- perm or long bridge. Other Areas of Expertise In addition to being knowledgeable and experienced in the above loan programs, Rockport has recently expanded its knowledge and experience in the area of manufactured housing finance. Rockport is able to finance or arrange for financing from all of the recognized sources of commercial debt. We know which programs allow borrower to own a significant percentage of homes or that allow for a large amount of single wide or dated trailers. Rockport can find debt for large five star parks and small two star parks. Manufactured housing has been a great addition to the products available from Rockport. | 
