APARTMENT LOAN    















  


APARTMENT LOAN

 

 

PORTFOLIO APARTMENT PROGRAM

 

    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

 

COMMERCIAL

100% NO DOC

STATED INCOME

OFFICE CONDOS

NON-RECOURSE

SBA LOAN

BUSINESS ACQUISITION

FRANCHISE STARTUP

APARTMENT

MULTI-FAMILY

COMMERCIAL LOAN

NO DEBT SERVICE

CHURCH

HARD MONEY

GLOSSARY

DSCR

 


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