Eligible Property Types: |
Multifamily (5+ units) |
|
Manufactured Home Communities |
|
SFR Rental Portfolios |
|
Mixed-Use (Retail & Residential Uses) |
|
Industrial (Building/Condo) |
|
Self Storage |
Minimum Net Worth and Liquidity: |
Lender Specific |
Loan Amounts: |
$1 Million and Up |
Loan Purpose: |
Acquisition/Rate & Term Refinance/Cash Out Refinance |
Typical Term Options: |
3-year, 5-year, 7-year, and 10-year options |
Rates: |
Fixed/Variable Rates Available |
Amortization: |
Interest Only/Partially Amortizing/Fully Amortizing |
Recourse: |
Recourse/Non-Recourse |
Maximum Loan to Value (LTV): |
70% |
FICO: |
Generally a minimum of 650 with <650 accepted on a case-by-case basis. |
Markets: |
Up to all 50 states, depending on capital partner requirements |