Prime Programs
FHA
- Low interest rates plus fully non-recourse and assumable financing
- Terms of 35-40 years
- 80% LTV cash-out, 85% LTV with no cash-out, 90% LTV for affordable housing
- No minimum loan size and up to $100 million
- Financing for acquisitions, refinancing, new construction (40yr term), and substantial rehab
- Eligible properties include market rate multi family, affordable multi family, healthcare, green energy retrofitting
Fannie Mae / Freddie Mac
- Competitive, tiered pricing for nationwide acquisition or refinancing needs
- Loan amounts start at $1 mil with terms of 5-10 years and non-recourse
- Fixed rate, Arm and Hybrid Arm options
- Market rate and affordable multi family lending
- Senior housing min $5 mil with loan terms from 5-30 years
- Small loans from $1-7.5 mil and up to 80% LTV
CMBS(Commercial Backed Mortgage Securities)
- Loan amounts from $2,000,000 to $100,000,000
- Terms of 5-10 years with amortization from 20-30 years
- 70-75% LTV depending on property
- Eligible properties include market rate multi family, office, retail, hotel, self-storage, mixed-use, industrial
- Non-recourse
Single Family Rental Portfolio Program
- Single-family homes, townhomes, and 2-20 unit multifamily properties; minimum 5 units (in the same locale)
- 5-, 7-, and 10-year fixed-rate terms available with 30 year amortization
- $1 mil loan amount minimum
- 75% Max LTV
Bridge Loans
- Non-recourse Bridge Loans starting at $5 million with up to 80% leverage
- Typically interest-only payments from 1-3 years
- Fannie Mae, Freddie Mac, FHA or CMBS loan exit
- Generally non-recourse