Page 21 - refi book proof 2

Bonus Video The #1 Investor Mistake and How To Avoid IT video/whiteboard( the ultimate
loan is the one that closes with the best terms)

The #1 mistake investors make is chasing for the for the lowest rates without the best
terms.

In the commercial real estate world the interest rate alone does not tell the full picture.

The reason it does not tell the full picture because the rate is based on your LTV,
Property Type, debt service coverage ratio, Loan Term, Loan Amortization, Credit, Equity
in deal, and if you are purchasing or refinancing with full doc or lite doc.

Furthermore the rates are always changing and we do not change the rates. The rates
are based on the 5 & 10 yr treasury so as those rates change our rates change.