Loan Amounts:
$500,000 to $5,000,000
80% LTV
85% LTV With Mezz Program
Interest Only
Lowest Rates: 7% - 7.5%
Range
Fixed Costs For
Third Party Reports
NO
Debt-To-Income Ratios
NO Subordinate Financing
Allowed
Declining Pre-Payment
Penalty
80-10-10 PORTFOLIO
APARTMENT
Loan Amounts:
$500,000 to $5,000,000
80% LTV - 1st Mortgage
Seller Second For 10% On
Borrower's Other Properties
Lowest Rates: 7% -
7.5% Range
Fixed Costs For Third
Party Reports
Full Recourse
NO Debt-To-Income
Ratios
Declining Pre-Payment
Penalty
80-10-10 APARTMENT
Loan Amounts:
$500,000 to $3,000,000
80% LTV - 1st
Mortgage
Seller Second Mortgage For
10% On Subject Property
Interest Rates: 8% -
10% Range
Fixed Costs For Third
Party Reports
Full Recourse
Full Doc Or Stated Income
Pre-Payment Penalty
NON-RECOURSE APARTMENT
Loan Amounts:
$1,000.000 to $6,000,000
80% LTV
Lowest Rates: 6.5%
Range
Up Front Costs - $15,000
Strong Historical
Operations Required
NO Subordinate Financing
Allowed
5-Year Lock Out &
Defeasance For Remaining Term
