Interest only.
Non-Recourse.
More Proceeds.
Prepay Flexibility.
Faster Closing.
No Deposits.
Lending Criteria
Loan Amount
$1 – $10MM
Property Type
Stabilized Multifamily (>90% Occupied)
Locations
Nationwide
Loan Type
First Lien – Purchase, Refi, Cash-Out
Loan Term
5 Year Fixed Rate
Amortization
None – Full Term Interest-Only
Rate
6.99% – 7.25%
*Rate-lock upon signed Term Sheet & GFD
LTV / DSCR
As high as 75% / As low as 1.15x on acquisitions
Prepayment
Stepdown 5-4-1-1-1
Recourse
None (Standard Carve-Outs)
CLOSING
30-45 days
Origination Fee
