NewtekOne(NEWT) - 2023 Q2 - Earnings Call Presentation
NewtekOne(NEWT)2023-08-03 13:24
$ Amount Up to 40% second mortgage provided by CDC ($250,000 to $4.0 million) 31 | --- | --- | |----------------------------------------|----------| | Key Variables in Loan Sale Transaction | | | Senior Loan Balance | | | Junior Bridge Loan Balance(1) | $400,000 | | Premium | 3.00% | | Rate | | | Term | | $630,000 ($7,963) Benefits of Non-Conforming Conventional Loan Program Joint Ventures provide NewtekOne with greater operating leverage by using Newtek's existing pipeline, systems and subsidiary staff to ...