We are backed by over 4 billion dollars of financing that has been earmarked for deployment in 2018 for most any property type that is habitable and rented to stable tenants.
Whether your property portfolio consists of 1 or 3,000, we more than likely have a solution to help you grow your business.
Today fixed rates are ranging between 5 - 7%.
Check out our loan parameters for more specific information or simply call us to learn more about our blanket loan product.
Investment mortgage blanket loan chart for 2018
|Term||Type||Index||Prepay prd.||Recourse||Max LTV||Min. DSCR||Amort.|
|5 years*||Fixed||5-year Swap||Options||Non-recourse||75%||1.20x||30 years|
|5 years*||Fixed||5-year Swap||Options||Full recourse||75%||1.20x||30 years|
|10 years*||Fixed||10-year Swap||Options||Non-recourse||75%||1.20x||30 years|
|10 years*||Fixed||10-year Swap||Options||Full recourse||75%||1.20x||30 years|
- First Mortgage Lien or Deed of Trust, plus equity pledge of sponsor.
- $500,000 to $5,000,000+
- 5 and 10 year fixed rates available
- Portfolios of 1 to 4 family rental homes, townhomes, condos and 5+ multifamily
- Cross collateralized and cross defaulted first mortgage and equity pledge
- Approved LLC or other commercial entity
- Up to 75% of BPO/appraised value
- 30 year amortization depending on price point, age and leverage
- Competitive market pricing
- Non-recourse to key principals except for customary bad act carveouts
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