Multifamily Perm Loan Terms

• $1,000,000 - $20,000,000+
• Competitive interest rates starting at 3.5%
• 5, 7, 10, 15, 20 yr fixed, up to 30 yr term
• Low costs, minimal escrows, cash-out avail
• Flexible prepay options
• 30 years amortization (Interest-Only avail)
• Limited/Non-recourse
• Close in 35-55 days

Eligible Properties:

• 5+ units Class A, B, C
• All markets
• 90%+ occupancy
• Stable operating history 3+ months

Value-Add Loan Terms

• Up to 75% LTP + 100% hard and soft costs
• $2,000,000 to $20,000,000+
• 3yr fixed from 4%; Floating L+200 and up
• Flexible prepay options or no-prepay with refi to perm
• Typically Interest-Only during stabilization
• Limited/Non-recourse available
• Close in as little as 15 days

Eligible Properties:

• 5+ units, Class B & C
• Primary + Secondary markets
• High vacancy / turn-over
• Deferred maintenance
• Light to heavy value-add (counter tops, appliances, flooring, lighting, wiring, plumbing, roof, pool resurfacing, amenities)