MULTI FAMILY SUMMARY
(We are Still Providing Non Fannie Mae Loans in OHIO, Michigan and Indiana at 80% LTV with Loan Amounts over 1 Million Only)
LOAN AMOUNTS $300,000 to UNLIMITED
AMORTIZATIONS -15 TO 40 YEARS
FIXED PERIODS
3 Years, 5 Years, 7 Years, 10, Years with 20 -30 Year Amortizations
15 Year Fixed (Fanne Mae up to 30 Year Fixed)
30 Year Fixed with 30 Year Amortization -Think Outside the Bank!
FIXED, BALLOONS & ADJUSTIBLES AVAILABLE
Interest Only is Available for Inital Term (1 - 5 Years)
80% Loan to Value
85% Loan to Value & Mezanine Financing
Assumable for 1% Fee
NON-RECOURSE and RECOURSE
60 Day Rate Locks are Available
Please Inquire about the Non-HUD 40 Amortization Multi-Family Loan criteria
-Note - Commercial Multi Family Loan Products from the capital markets are available under various terms and price points depending on the borrower's long range plans, loan amounts, business structure, condition and performance of the collateral. There may be one best fit option or more than one option. Please call or email so we can place you in a competitive suitable financing package. Operating statements for Year to date, previous year and current rent roll are often needed to size your loan. Rent Rolls need to indicate, square footage, bedroom bathroom count, occupancy date and lease expiration or start date.
