Non-Recourse 40 Yr. & 35 Yr. Funding for Apartments, Mobile Home Parks, & Healthcare Facilities!
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ton...@comcast.net
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Jul 14, 2007, 7:01:00 PM7/14/07
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to Anthony Welch
Non-Recourse Financing Available...Let The Property Do The
Talking!
Non-Recourse Funding for Acquisition, Refinance,
New Construction, and Rehab
$2M
Minimum to No Maximum
For Refinance:
85%
Loan-to-Value (80% with cash out) 35 Year Amortization 35 Year Term (no
balloon) No maximum loan amount Low, fixed interest rate, based on
market spreads over the Ten-Year Treasury Yield. No
personal liability (non-recourse) Negotiable pre-payment
terms 1:18 Minimum Debt Service Coverage FREE 1-Time Loan Analysis (for limited time
only)
For Acquisition:
85%
Loan-to-Value 35 Year Amortization 35 Year Term (no
balloon) 7.5% Seller promissory note allowed for down payment
requirements No maximum loan amount Low, fixed interest rate, based on
market spreads over the Ten-Year Treasury Yield No
personal liability (non-recourse) Negotiable pre-payment
terms 1:18 Minimum Debt Service Coverage This loan is always
assumable Third-party expenses and loan costs are financeable.
For
New Construction/Rehab:
No Payments During Construction or
Major Rehab 90% Loan-to-Value 40 Year
amortization 40 Year Term (no balloon) No maximum loan
amount Low, fixed interest rate, based on market spreads over the Ten
Year Treasury yield. "Developer's Fee" of 10% of cost allowed to be used
towards equity requirement No personal liability
(non-recourse) Negotiable pre-payment terms 1:10 Minimum
Debt Service Coverage These loans are always assumable Third-party
expenses and loan costs are financeable.
Commercial
Hard Money & Bridge Funding Also Available!....