Multifamily Refi Rates

2.95%+ .25% MI

35 Year Amortization

35 Year Fixed Rate

80% LOAN TO VALUE – Cash Out

85% – Purchase or Rate and Term

Lowest Debt to Service Coverage = 1.176

No Net worth or Liquidity Requirements for loans under $75,000,0000

Minimum Loan Size = $3,000,0000

Loans are assumable

Loans are NON-RECOURSE

 

Needs List:

Executive summary on project seeking financing

Current rent roll

Profit and Loss for 2018, 2019, and yr. to date.

Personal financial statement on sponsor.

Questions?

419-708-3418

Email:dustin@lendingsourceltd.com