Medium Commercial Loans
LOAN AMOUNTS: $1M – $6M in all markets; $1M – $7.5M in Top and Standard Markets for properties with 100 units or less, exceptions to loan amounts available subject to quality of property and applicant.
LOAN PURPOSE: Acquisition or Refinance (Cash Out Available)
ELIGIBLE PROPERTIES: Conventional multifamily housing with five residential units or more. Mixed use subject to limitations.
LOAN TERMS: 20 Year Hybrid ARM with initial 5-, 7-, or 10-year fixed rate period
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