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MULTIFAMILY ACQUISITION OR REFINANCE programs avail
MULTIFAMILY ACQUISITION OR REFINANCE programs avail.
* 85% Loan-to-Value (80% with Cash-out Refinance)
* 35 Year Amortization
* 35 Year Term (no balloon)
* 7.5% Seller promissory note allowed for down payment requirements - (For Acquisition only)
* No maximum loan amount
* Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield
* No personal liability (non-recourse)
 
* Negotiable pre-payment terms
* 1:18 Minimum Debt Service Coverage
* This loan is always assumable.
* Third-party expenses and loan costs are able to be financed For current offer as there subject to change please contact 317-348-0732 or loans@fairydustlending.com
... more

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