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Permanent Financing (5+ units) - Minimum Loan Amount $100,000
- Up to
80% LTV / 85% CLTV
- Fixed Rate and Adjustable
- Up to 30 year amortization
- Full Documentation and
Stated Income
- Interest Rates start below 7.00%
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- 90% Loan-to-cost
- Construction and Permanent in one loan
- Up to 40 year Amortization
- Non-recourse during construction and permanent
- Minimum Loan amount $1,000,000
- New Construction or Substantial Rehabilitation
- LIHTC and Historic Tax Credits may be used
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Specialty Apartment Programs: - Interest-only ($500,000 - $5,000,000,
80% LTV)
- No Doc / No Ratio ($500,000 - $5,000,000, 80% LTV)
- Market Rents
Program ($500,000 - $5,000,000, 80% LTV)
- Express Program ($250,000 - $1,000,000, 80% LTV, Lite Doc)
- Lowest Rate ($500,000 - $5,000,000, 80% LTV, 10 YR Treas + 1.70%)
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