Non-Recourse 40 Yr. & 35 Yr. Financing Available!
Multifamily (Better Than The Bank!)
Multifamily (Better Than The Bank!)
(Apartments, Assisted / Independent Living, & Mobile Home Parks)
Funding for Acquisition, Refinance, New Construction, and Major Rehab
$3M (incl. blanket mortgages) Minimum to No Maximum
$3M (incl. blanket mortgages) Minimum to No Maximum
For Refinance & Acquisition:
85% Loan-to-Value (80% LTV Cash Out)
35 Year Amortization
85% Loan-to-Value (80% LTV Cash Out)
35 Year Amortization
35 Year Term (no balloon)
7.5% Seller promissory note allowed for downpayment requirement
No maximum loan amount
No maximum loan amount
Low, fixed interest rate ( based on 10-Year Treasury Yield)
No personal liability
Negotiable pre-payment terms
FULLY ASSUMABLE
FULLY ASSUMABLE
1:18 Minimum Debt Service Coverage
Third party expenses and loan costs are financeable.
For New Construction & Major Rehab:
Third party expenses and loan costs are financeable.
For New Construction & Major Rehab:
No Payments During Construction or Major Rehab
90% Loan-to-Value / Loan-to-Cost
90% Loan-to-Value / Loan-to-Cost
40 Year amortization
40 Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate ( based on 10-Year Treasury Yield)
"Developer's Fee" of 10% of cost allowed to be used towards equity requirement
No personal liability
Negotiable pre-payment terms
Construction-To-Perm (One Closing)
Construction-To-Perm (One Closing)
1:10 Minimum Debt Service Coverage
FULLY ASSUMABLE
Ability to finance third-party expenses and loan costs.
For Details Contact:
Ability to finance third-party expenses and loan costs.
For Details Contact:
Anthony C. Welch
Real Estate Consultant & Financier
Real Estate Consultant & Financier
Phone: 404-212-8903
http://www.FundingForCommercial.com
