Ascendant Financial Group is pleased to offer a very attractive funding program for the purchase, refinance, construction, and substantial rehabilitation of Multi Unit Properties, Asisted Living Facilities, and Nursing Homes.
Here are the details of the program:
*Non-recourse funding
*Loan amounts $2 Million minimum with no limit
*35 year fixed rate - No adjustments or balloon payments
*Interest rate - 5.25%
*Loan to value - 83%
*Minimum DSCR…
ContinueAdded by Dean Hitchings on January 31, 2014 at 10:31am — No Comments
Ascendant Financial Group offers a blanket funding for the purchase and refinance of residential real estate portfolios.
*5+ properties minimum
*Loan Amounts - $1,000,000 - $100,000,000
*Loan to Value - 70% - 75%
*Loan Terms - Rates 6.5% - 7%; 5 & 10 year fixed rates' Amortization 25-30 years
*Debt Service Required - 1.20%
*Asset Types - Portfolios of 1- 4 family rental properties and condos
*Security Type - Cross collateralized and cross…
ContinueAdded by Dean Hitchings on January 18, 2014 at 12:17pm — No Comments
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