Conventional-Construction
x (x)
| Loan Size | starting at $2,000,000+ |
| Uses |
Purchase/ Refinance Cash Out/New Construction Investment Owner User |
| Terms | Flexible Customized to Borrowers Needs |
| Leverage |
Up to 80% for Purchase / Refinance 90% Purchase/ Refinance 7A/504 only 80% LTC/75% LTV for Construction |
| Debt Service | 1.20x |
| Nonrecourse |
Full Recourse/ Partial Required Non-Recourse on Investment Grade Assets Only |
| None/ Declining | Defeasance |
| Amortization | 20-30 years |
| Rates | Start Rates 3.99% |
| Origination | Par – 1 % |
| Property Types/Classes |
Any Type A-C Rehab OK |
| Location | Nationwide |
Fixed and Floating Rate Loans of 3, 5, 7, 10 years and fully amortizing loans of 15, 20, 25 years are available. Pricing may vary depending on the length of the loan, LTV, DSCR, property quality, and market conditions. Construction financing, mezzanine, and equity capital are available for select properties.
x (x)
x (x)
x (x)
x (x)