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Capital Three Sixty

Long Term Commercial Loan
Commercial Apartments 5-9 Units (30yr Fixed): - LG130

Capital Three Sixty

Summary of all Guidelines

Loan Types Commercial Loan
Property Types Multi Family
Lendding Area NATIONWIDE
Loan amount Minimum $250,000
Loan amount Maximum $5,000,000
Interest Rate Minimum 8%
Interest Rate Maximum 9.25%
Points Minimum 1st TD 1.5
Points Maximum 1st TD 2.5
Terms 30 year
Typical Days Required to Fund 20-30 Business days
Credit Score Min 680
Interest Only or Amortized Amortized
Fees Appraisal
Entities LLC - Limited Liability Corporation, LP - Limited Partnership, Corp - Corporation, Taking Title Personally not permitted
Lien Position 1st
Fixed or Adjustable Fixed
Recourse Recourse
Reserve Requirement 9 months
General Pricing or Guideline info Borrower Parameters: Eligible Property Types: Apartments residential 5+ units, Mixed Use (apartment residential with retail and/or commercial up to 30% of space and income. Occupancy: No less than 90%. Tax and Insurance Impounds ("T&I"): Tax and insurance may be escrows required. Borrower: Individual(s), Sole Proprietorships, Trusts, Partnerships (General and Limited), Limited Liability Corporations, Corporations and Joint Ventures are eligible. Personal Guarantees/Recourse: Generally, the loan is a full legally enforceable financial recourse to an individual as borrower or as guarantor. Non-recourse avialable.
Updated as of 2024-02-18

Borrower Parameters:

Eligible Property Types: Apartments residential 5+ units, Mixed Use (apartment residential with retail and/or commercial up to 30% of space and income.

Occupancy: No less than 90%.

Tax and Insurance Impounds ("T&I"): Tax and insurance may be escrows required.

Borrower: Individual(s), Sole Proprietorships, Trusts, Partnerships (General and Limited), Limited Liability Corporations, Corporations and Joint Ventures are eligible.

Personal Guarantees/Recourse: Generally, the loan is a full legally enforceable financial recourse to an individual as borrower or as guarantor. Non-recourse avialable.

These descriptions are limited information and meant for general reference purposes.