Updated almost 7 years ago on .
Product Sheet - Multi Family
1. PERMANENT
Loan Amount: $100,000 to $75,000,000
Max LTV: 80%
Fixed Term: Up to 15 years
Amortization: 30yrs
Rates: Starting @ 2.99%
PRICING: PAR
FICO Required: 600
2. ALT-CRE
Loan Amount: $100,000 to $5,000,000
Max LTV: 80%
Fixed Term: Up to 15 years
Amortization: 25yrs
Rates: Starting @ 2.99%
PRICING: PAR
FICO Required: 600
3. STATED ONLY
Loan Amount: $100,000 to $6,000,000
Max LTV: 80%
Fixed Term: 3 years
Amortization: 30yrs
Rates: Starting @ 4.00%
PRICING: PAR
FICO Required: 600
P23 FINANCE, LLC
314-532-6751
MULTI-FAMILY LOANS:
4. HARD MONEY
Loan Amount: $100,000 to $10,000,000
Max LTV: 80%
Fixed Term: 1 year
Amortization: -- yrs
Rates: Starting @ 7.99%
PRICING: <2.00>
FICO Required: 600
5. CMBS
Loan Amount: $2,000,000 to $100,000,000
Max LTV: 75%
Fixed Term: 10 years
Amortization: 30yrs
Rates: Starting @ 4.50%
PRICING: PAR
FICO Required: 680
6. FANNIE MAE
Loan Amount: $1,000,000 to $250,000,000
Max LTV 80%
Fixed Term: 7 years
Amortization: 30yrs
Rates: Starting @ 4.71%
PRICING: PAR
FICO Required: 680
7. FREDDIE MAC
Loan Amount: $1,000,000 to $7,500,000
Max LTV: 80%
Fixed Term: 10 years
Amortization 30yrs
Rates: Starting @ 2.99%
PRICING: PAR
FICO Required: 650
P23 FINANCE, LLC
314-532-6751
MULTI-FAMILY LOANS:
8. FHA/HUD
Loan Amount: $1,000,000 to $250,000,000
Max LTV: 90%
Fixed Term: 35 years
Amortization 40yrs
Rates: Starting @ 3.78%
PRICING: <3.50>
FICO Required: 680
9. BRIDGE-LOW DOC
Loan Amount: $1,000,000 to $75,000,000
Max LTV: 85%
Fixed Term: 1 year
Amortization: -- yrs
Rates: Starting @ 4.75%
PRICING: PAR
FICO Required: 700