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 defaulted first mortgage
*Borrower Entity - Approved LLC or other commercial entity
If you would like further information on this program please contact Dean Hitchings at email@example.com or give me a call at 800-940-5430.