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Low Rate Multifamily and Mixed-Use Small Balance Program

Major Metropolitan Areas Nationwide (except AL, AK, HI, MI, NV, ND,VT and WV) 

Private money lender

$500,000 to $2.5 Million

4.75%+ with one time 2 point buy-down; 5.25%+ (no buy-down)

Term: Hybrid fixed 5 years then adjusts quarterly at WSJ Prime with 3% margin; 3% per year cap; lifetime cap: 6% above floor rate

10 year balloon

30 year amortization

Finance purchase, refinance and cash-out at 70% LTV ($250,000 max cash-out)

700+ FICO Credit Score with no history of major derogatory credit (late payments, collections, charge-offs, bankruptcy, judgments, debt settlement, foreclosure, tax liens)

1.25+ DSCR

Prepayment: 5/4/3/2/1

Origination: 1 Lender + 2 Eagle

Full recourse

Lender ordered appraisal required

To get started, please click the blue Multifamily & Mixed-Use Low Rate Small Balance Link for your FREE PRE-APPROVAL LOI within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit your online loan request. No credit cards, Social Security Numbers or credit checks required.

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