Low Rate Refinance and Refi Cash-Out Multifamily, Commercial and Mixed-Use Private Money Loans
For credit worthy investors with stabilized properties who want a better alternative to bank financing…
- Nationwide
- Apartments, office, retail, self storage, light industrial, automotive and other properties
- $1 Million to $100 Million
- 3.1% to 3.73% 30 year fixed
- 2.92% to 3.35% 5 year fixed
- Interest only option
- Refinance up to 80%; Cash-out up to 75%
- Mezzanine financing available
- Amortization: 30 years
- Flexible prepayment options
- Primary locations with 50,000+ population within 5 miles
- For well maintained, 90%+ occupied last 3 months with annual leases paid monthly
- Debt Service Coverage Ratio 1.25X+
- Borrower must have recent experience owning similar multifamily property(s)
- 700+ middle credit score required for all principals
- Tax returns required
- Net worth (combined for all key principals) greater than loan amount
- Liquidity (combined for all key principals) greater than 10% of loan amount
- No bankruptcy or foreclosures in last 5 years
- Low loan costs
- Points: 2 to 3
- PRE-APPROVAL LOI in 24 business hours
- Loans funded 4 weeks after we receive your completed loan docs
- Non-recourse option
- No upfront fees..we are paid when your loan is funded at closing.
Please click FREE blue Low Rate Refinance & Refi Cash-Out Private Money Multifamily Loan Program Link for FREE PRE APPROVAL LOI within 24 business hours. With a few clicks of your mouse it TAKES LESS THAN 4 MINUTES TO GET STARTED. No upfront fees, credit cards, Social Security Numbers or credit checks required.
