Long Term Commercial Loan
Multi Family
Program #LG21
Multi Family
Program #LG21
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | Multi Family |
| Lendding Area | Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Loan amount Minimum | $2,500,000 |
| Loan amount Maximum | $30,000,000 |
| Interest Rate Minimum | 6.5% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 3 |
| Terms | 1 year, 18 month, 2 year, 3 year |
| Typical Days Required to Fund | 20-30 Business days |
| Interest Only or Amortized | Interest Only |
| Updated as of | 2023-04-25 |
These descriptions are limited information and meant for general reference purposes.
- Chris Oviedo
