Loans $750,000 to $500,000,000

 

Better Business Bureau Rating A+

4402 Securitized Multifamily Loan Series

Term Sheet

Interest Rates
* 5 year Fixed 4.43 - 4.96%
* 7 Year Fixed 4.57% - 4.96%
* 10 Year Fixed 4.58% - 4.67%

* Can Convert to Adjustable
   for another 20 years

 

Terms
Term 5, 7, 10 or 20 Years
Minimum Loan Amount: $1,000,000
Maximum Loan: $50,000,000
Amortization: 30 Years
2 - 10 Years Interest Only Available
80% LTV for Purchases
80% LTV for Refinances – No Cash Out
75% LTV for Refinances with Cash Out
Non-Recourse Available
35% Commercial Space Allowed
Pre-Payment Penalty – Yield Maintenance, Declining Available
Assumable with a 1.00% Fee
1.25 - 1.35 Minimum DSCR

Borrower Qualifications
660+ Credit Score
No Tax Returns Required
No Debt to Income Ratio
Stated Income
Multifamily Experience Not Required
Minimum Net Worth equal to Loan Size
12 Months Post Closing Cash Required

 

Rate Lock at Application
 

Contact Us

For additional options or help with this or any other commercial loan, call us at 503-376-7303 or use the form below to let us know how to contact you and a loan advisor will be happy to help