MULTI-FAMILY LOANS

PROPERTY TYPES:  5+ APARTMENTS, HIGH RISE, GARDEN STYLE, METRO COMPLEXES, HOTEL/MOTEL CONVERSIONS, TENANTS IN COMMON, CONVERSIONS, RETAIL CONVERSIONS.

LENDING AREA:  NATIONWIDE

PROPERTY GRADE:  ALL GRADES.

BORROWER CREDIT GRADE:  ALL GRADES.

LOAN TO VALUE:  MAXIMUM 80%   DCR-.90% TO 1.20%.

NOTE:  UNDERPERFORMING PROPERTIES REQUIRE BORROWER'S PERSONAL INCOME SUFFICIENT TO COVER ANY NEGATIVE CASH FLOW OR ADDITIONAL COLLATERAL UNTIL CASHFLOW ACHIEVES BREAKEVEN STATUS.

LOAN TYPES:  PURCHASE, REFINANCE, CONSTRUCTION, REHABILITATION, AND CONVERSION FROM OTHER USES.

CURRENT AVERAGE FIXED RATES:  5.75% TO 8.75%

CURRENT AVERAGE ADJUSTABLE RATES:  4.75% TO 7.75% (START RATE)

CURRENT AVERAGE AMORTIZATIONS:  25, 30, AND 40 YEARS.

CURRENT AVERAGE LOAN FEES:  1.00% TO 3.00% (DEPENDS ON SIZE, CONDITION, PURPOSE, LOCATION, AND CASH FLOW)

MINIMUM/MAXIMUM LOAN AMOUNTS: 

$100K TO NO MAXIMUM (CALIFORNIA ONLY)

 $500K TO NO MAXIMUM (NATIONWIDE)

 $5MIL TO NO MAXIMUM (INTERNATIONAL)

 LET OUR CASH FLOW AND INCOME PROPERTY SPECIALISTS MAXIMIZE YOUR PROPERTY'S POTENTIAL TODAY!