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Apartment & Mobile Home Park Financing Forms

APARTMENT LOAN SIZER AND INCOME & EXPENSE STATEMENT
APARTMENT APPLICATION under 1.5 Million
APARTMENT & MOBILE HOME PARK APPLICATION 1.5 Million +
APARTMENT LOAN FULL PACKAGE DOCUMENT LIST (REIT)
CAPITAL IMPROVEMENTS
COLLATERAL QUESTIONAIRE
INCOME & EXPENSE STATEMENT
RENT ROLL
SCHEDULE OF REAL ESTATE OWNED
CLOSING CHECKLIST
NO DOC - NO RATIO Apartment Loans
3 EASY STEPS
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Fill Out Application
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Send Current Rent Roll
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Send Current & 1 Yr Operating Statements
This program does not require tax returns, or income verification or Schedule "E's". - $500K to 5 Million - up to 70% LTV Property must be "B" grade - No deferred maintainance - No Mixed Use - No Mortgage Lates 36 mo. - Strong Financial Sponsorship required. RATES START AT 6.875%
Interest Only Apartment Loans
- 3 Or 5 Year Interest Only Apartment Loans
- Flat Fee Closing
- 60 Day Interest Rate Lock
- Up To 90% LTV Purcahses
- Low 1.15 DSCR
$500K to 5 Million - up to 80% LTV - 1.15 DSCR - Property must be "B" grade - No deferred maintainance - No Mixed Use - No Mortgage Lates 36 mo. - Strong Financial Sponsorship required. Interest only during fixed peroid, RATES START AT 6.5%
Apartment Fast-Track™ with 30 Day Closings
- 100K to 1 Million
- No Tax Returns
- up to 80% LTV
- Apprasial Rents can be used for Income
- Low DSCR down to 1.0:1 NOT 1.20
- 5 Easy Docs For Conditional Approval
- FAST 30 Day CLOSING
Property must be 5-25 UNITS - A,B or C grade - No deferred maintainance - No Mixed Use - Mortgage Lates ok. - Strong Financial Sponsorship required. Minimum population 25,000, Low 3rd party fees, Need multifamily experience, Credit score down to 600. Our Apartment FastTrack Rates start at 7.50%
Conduit Crusher™
- $500,000 to $10 Million
- A or B Grade Property
- No Legal opinion
- No 10 Yr Balloon
- No Stress or Fitch Constraints
- Low 3rd Party Fees
- No Impound Replacement Reserves
- No Defeasance
- No Yeild Maintenance
- Rates YES...from 160 to 190 BPS over respective US Treasury(rounded to the nearesr 1/8) : example 10 yr 4.49%+169= 6.18%
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