Thursday, June 19, 2014

Small and Large Apartment Loans FNMA FHA 223(f) and conventional financing fixed rate

Fixed Rate non-recourse small apartment loan program.

Loan Amounts: $750,000-$5,000,000 DUS no maximum loan amount
Baltimore, Boston, Chicago, Los Angeles, New York City, San Diego,San Francisco, San Jose (CA), Sacramento, Seattle, and Washington
Fixed Rate Balloon Loans: 5, 7, 10 and 15 year loan terms with up to 30 year amortization terms

Fully Amortizing Loans: up to 30 year terms
Pricing based upon Loan to Value and Debt Service Coverage
Maximum Loan to Value or Costs: 80%
Minimum Debt Service Coverage Ratio: 1.25x
Low upfront costs, Low loan fees

Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment Loans, FHA 223 F,FNMA DUS, FNMA Small Apartment Loan rates news

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