Loans & Participations
Currently Available
CMS is proud to provide credit unions with a variety of different loan types. We partner with Originators and Credit Unions Nationwide to provide outstanding opportunities for our clients.
USDA B&I Loan
Participation Amount: $4,750,000
Construction Period
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Rate: WSJP + 2.25% (10.50% today), quarterly adjustable
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Term: Construction complete in May 2024
Permanent Period
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Rate: 10-year CMT + 4.25% (8.08% today), adjustable every 10 years
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Term: 20 years
Medical Services Loan Pool
Participation Amount: $61,000,000 (min $5M)
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Interest Rate (WAC) Fixed: 9.84%
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Term: Original (WAM) 59.3 months // Remaining Term (WAM) 44.2 months
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Servicing: 1.00%
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Price: 101.5
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Calculated YTM: 8.00%
USDA B&I and FSC Loan
Participation Amount: $6,300,000
B&I Loan
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Amount: $3.125M
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12 Month IO
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5-year CMT + 385bps
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Term: 14 year
FSC Loan
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Amount: $3.15M
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12 Month IO
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5-year CMT + 385bps
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Term: 29 year
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End of July close // rate is to be set two days before close
USDA B&I Loan
Participation Amount: $937,500
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Rate: 3-month US Treasury bill (5.18% today) + 3.25% quarterly adjustable = 8.43% net after servicing
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Term: 10 years
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Pre Pay Penalty: 5%, 4%, 3%, 2%, 1%, declining in years 1 through 5
SBA Guaranteed Loan
Guaranteed Amount Available: $1,677,000
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Rate: variable rate, 5.27%
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Price: 101.50
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Months to maturity: 122
USDA B&I Loan
Participation Amount: $3,400,000
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Rate: 20-year CMT + 3.50%
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Price: Par
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Term: 20 years
SBA Guaranteed Loan
Guaranteed Amount Available: $126,000
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Rate: Fixed rate, 6.63%
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Price: 110.75
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Months to maturity: 116
USDA B&I Loan
Participation Available: $1,687,000
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Rate: 9.75%, quarterly adjustable
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Price: Par
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Term: 348 months
USDA B&I Loan
Participation Available: $1,236,000
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Rate: 10-year CMT + 3.40% (fixed for full term of loan)
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Price: Par
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Term: 10 years
USDA B&I Loan
Participation Available: $675,000
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Rate: 5-year UST + 4.25%, reset every 5 years at UST + 4.25%
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Price: Negotiable
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Term: 20 years
SBA Guaranteed Loan
Participation Available: $938,000
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Rate: Variable rate, 7.20%
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Price: 108.125
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Months to Maturity: 212
SBA Guaranteed Loan
Participation Available: $478,000
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Rate: 10-year CMT + 3.40% (fixed for full term of loan)
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Price: 108.75
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Months to Maturity: 119
SBA Guaranteed Loan
Participation Available: $401,000
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Rate: Variable rate, 6.15%
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Price: 105.50
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Months to Maturity: 90
SBA Guaranteed Loan
Participation Available: $395,000
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Rate: Variable rate, 6.04%
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Price: 109.00
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Months to Maturity: 118
SBA Guaranteed Loan
Participation Available: $219,000
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Rate: Variable rate, 6.21%
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Price: 109.50
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Months to Maturity: 118
SBA Guaranteed Loan
Participation Available: $173,000
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Rate: Fixed rate, 6.28%
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Price: 106.75
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Months to Maturity: 357
SBA Guaranteed Loan
Participation Available: $207,000
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Rate: Variable rate, 6.41%
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Price: 106.25
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Months to Maturity: 89
For more information, please contact our Loan Specialist:
