Permanent loans are available for Purchase, Refinance and Cash-Out.. They are available for all commercial and multi-family properties under all documentation scenarios: Full Doc, Stated Income, Bank Statements or Lite Doc.
Our Offering
Loan Size
$500,000 – $5,000,000
$500,000 – $2,000,000 (stated income or lite doc)
Loan Terms
5, 7 year or 30 year
Property Types
Multifamily, Mixed-Use, Retail, Office, Light Industrial, Warehouse, and Hospitality.
1-4 unit investor
Amortization
30 years
Fees
2%-3% origination fee.
Loan Purpose
Acquisition, Refinance or Cash-Out
Loan-to Value
Up to 80%
Cash-out refinances – 65%
Security
First Mortgage Liens
Recourse
Non-recourse to Principals with exceptions on case-by-case basis.
Interest Rates
6 – 8%