
Commercial
For the acquisition or refinance of multifamily and mixed-use properties in need of high leverage and/or renovation funds.
- Property Types
- Multifamily (more than 4 units) + Mixed Use*
- Loan Amounts
- $500,000 - $30,000,000+
- Loan Purpose
- Purchase or Refinance, Development
- Loan to Cost (LTC)
- Up to 90% of cost for refinance
- Loan to Value (LTV)
- Up to 80% for purchase
- Rate
- Starting at 2.75%
- Points
- 1.5%
- Loan Term/Amortization
- 3, 5, 7, 10 years, interest only for 1-3 years available.
- Reserves
- Interest/Tax/Insurance Reserves if needed
- Third Party Reports
- Appraisal/Environmental Screen
- Property Location
- Nationwide
*80% or more of properties gross income must be from residential units
**All of the US except MN, ND, NV, OR, SD, VT, and WV