Details - Information last confirmed on May 22, 2021
Multifamily Loan Program
Purpose: 5+ unit properties with primarily residential usage. Stabilized bridge and rehab/value-add options.
Terms: 24-36 Months, Balloon Note
Leverage: Up to 80% LTC value-add; up to 75% LTC stabilized
Minimum Loan Amount: $250,000
Maximum Loan Amount: $10,000,000
Prepayment Penalty: N/A unless minimum interest option is selected
Eligible Borrowers: US Citizens, Permanent Resident Aliens
Lender Fee: 1.25 % + processing
Interest Rates: Starting in the 6’s
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