Multifamily or Assisted Living Purchase,
Refinance and Cash-Out Loans
Ideal for Long-Term, Fixed-Rate Financing for Your Refi,
Acquisition & Renovation Needs
We offer a 35-year, non-recourse, fixed-rate multifamily or
assisted living financing with Lower Equity Requirements.
- Long Term Fixed Rate – up to 35-years fixed interest rate.
- Non-Recourse – means no personal guarantees*.
- Lower Equity Requirements –
M U L T I F A M I L Y Equity Requirements begin at 15% for
market-rate properties, and decrease to 13% for affordable
properties and 10% for projects with a 90% or greater rental
assistance. All Cash-out transactions have a 20% equity requirement.
A S S I S T E D L I V I N G Equity Requirements for purchases typically
begin at 20% for market-rate properties, and decrease to 15% for
non-profits. Cash Out Loans are arranged separately. Call for details.
- Assumable Loan – This is a fully assumable loan (subject to approval.)
- Maximum Loan Amount: None
- Market Rate Properties, Affordable and Rental Assistance Properties
- Existing Multifamily Properties at Least Three Years Old
*With standard exceptions for fraud and misrepresentation
Note: Each loan package is case by case. Not all applicants will qualify. There is no guarantee of approval. Terms and conditions apply. Please call for details.