Multifamily/ MHP Program

Property Types:


Multifamily, Mobile Home Park, Student Housing, Senior Housing


Loan Amounts:


$3MM & Up (Lower loans amounts are considered on a case by case basis)


Terms: 3-30 Years


Amortization:


15-30 Years


Minimum DSCR: 1.25X


Maximum LTV: 80%


Recourse: Non-Recourse


Interest Only: 1-3 Years (Subject to asset quality)


Rate Benchmark: USTSY/SWAP Rate


Margin: 150bps and Up


Forward Rate Lock: Up to 12 months


Geographic Location: Nationwide


Prepayment: Flexible structures available


Closing: Borrowing Entity - Single Purpose EntityEscrows-Taxes & Insurance required



Email details: Morinelewis@gmail.com

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