Multifamily Bridge Loan Refinance - Fannie Agency Fixed Rates - 6.51% to 7.55%

[Robert Jay]

Do you have a Bridge Loan that you need to get out of that's an ARM and about to adjust?

Do you have a Bridge Loan that has an interest rate cap?

If you answered yes to either of those questions I have a fixed rate long term Fannie agency refinance solution for you!

Here’s what this means for you:

• Fannie agency pricing which is currently offering fixed rates between 6.51% to 7.55% as of 10/5/2023.
• Non-recourse.
• No tax returns, no paystubs, no W2’s, no 1099’s, and no debt to income ratios.
• Current closing timeframes are 30 to 45 days.
• Refi cash outs are also available.
• Terms range from 5 years to 30 years fixed.
• 30 year amortization on all terms.
• Property must DSCR between 1.0 and 1.55.
• We present your scenario directly to a Fannie agency underwriter, and they provide term sheets, or soft quotes within 24 to 48 hours.

Listed below is what I refer to as the “sweet spot” regarding qualifying:

• 5+ unit multifamily properties.
• Minimum loan amount of $1M.
• Stabilized property condition.
• LTV's range from 55% to 80% depending on the property's DSCR.
• Property can be zoned residential, or commercial.
• We can offer this program in ALL STATES.

We bring commercial financing within the reach of multifamily investors. If you prefer having a single point of contact that is professional, acts with integrity, responsive, answers the phone, and responds to emails the same day, you’ll enjoy working with me.

I've been in the industry since 2004, I've been nominated in Scotsman's guide for over $65 million in production in 2017 and 2018. I've worked on tons of commercial deals, as well as residential. This program is literally a game changer for investors that are worried about their interest rate adjusting, and are looking for a long term fixed rate solution. I look forward to being a valuable long term resource.

Give me a call, send a text, shoot me an email, or post a comment.