MULTIFAMILY LOAN PROGRAMS
MULTIFAMILY FEATURES |
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85%-90% LTV on construction and many permanent loans. |
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Fixed rate - 5 -35 years. Amortizations up to 40 years. |
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Recourse and non-recourse |
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Unlimited Cash Out |
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| Programs |
Loan Amount |
LTV |
Features |
| Small Loan Balance |
$250,000 - $2,000,000 |
80% - 85% |
Low rates ,10-30 year fixed.
5 Day Approvals Up to 85% Financing |
| Large Loan Program |
$2,000,000 - No Max |
Up to 90% on acquisitions |
Low rates,10-30 year fixed
85-90% Financing |
Stated Income (Low Doc) |
$250,000 - No Max |
Up to 80% |
No tax returns, no bank statements. |
Mixed Use |
$250,000 - No Max |
80% - 85% |
Low rates, up to 40% commercial. |
Construction/
Substantial Rehab |
No Min, No Max |
90% - 95% |
40 year, fixed rate, non recourse. |
| Mezzanine |
Minimum $5,000,000 |
85% - 90% |
High leverage, one closing. |
| HAP Contract |
$250,000 - No Max |
80% - 85% |
Low rates, 10-30 year fixed. |
HUD Acquisition & Refinance |
No Min - $50,000,000 |
85% |
35 year fixed. Allow 7.5% seller financing. |
Bridge |
Minimum $500,000 |
70% - 80% |
12-24 month terms, 45 day closing |
Specialty - Interest Only, No Doc, Etc
PLEASE CALL |
$1,000,000 - No Max |
80% - 85% |
Lower monthly payments, low interest rates. |
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MULTI FAMILY PROGRAMS
PROGRAM SUMMARY
TOOLS
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