LOAN TERMS FOR APARTMENT LOANS
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Loan Amount:
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From $100,000 up to $2,000,000 (higher with exception)
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Property Type:
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Multi-family
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Term:
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6 – 24 months
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Interest Rate:
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Starting at 8.99%
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Payments:
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Interest Only or 40 year amortization
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Points:
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Starting at 2 points
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Loan to Value:
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Up to 65% LTV
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FICO:
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No minimum FICO score
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Lien Position:
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1st position only
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Location:
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Southern California
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Closings:
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As fast as 7-10 days
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