|
Premium
Multi-Family and Commercial Property Program
– Your Best Rate and Terms
|
Starting Interest Rate |
6.50% |
|
Loan amounts |
$200,000 to $5,000,000 |
|
Transaction Types |
Purchase, Refinance,
Cash-Out Refinance |
|
Documentation |
Full |
|
Minimum credit score |
None |
|
Credit History |
Good |
|
LTV |
75% |
|
Program Structure |
5 Year ARM/15 Year
Balloon/25 Year Amortization |
|
Prepayment Penalty |
Yes (NO Lockout) |
|
Personal Recourse |
None (for non-owner
occupied transactions only) |
|
Property Condition |
Fair to excellent –
substantial deferred maintenance can be acceptable |
|
Property Types |
Apartments, Mixed Use,
Office/Retail, Rooming Houses |
|
Regions |
PA through ME |
Restrictions apply. Rates and terms are subject to
change.
|
