CONVENTIONAL CONSTRUCTION LOAN
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Commercial Mortgage LoanCommercial Mortgage RefinanceApartment Loan | Multifamily Loan______________________________________
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| Commercial Mortgage Loan Property Types: | MultiFamily Acquistion and Refinance Apartment Loan and Mortgage |
| Geographic Preference: | United States |
| Commercial Loan Amount: | $3 million minimum - $75 million maximum |
| Term: | 5-15 years |
| Commercial Mortgage Refinance Rates: | Fixed, as low as 10 year treasury plus 100 basis points |
| Commercial Lending Features: | Assumption with approval Non-recourse No rent restrictions No limitation on owner's return |
| Commercial Mortgage Requirements: | Appraisal to support the project occupancy and rents; Tax, Insurance, and Replacement Reserve Escrows |
| Commercial Mortgage Fees: | Borrower pays all application, inspection, underwriting, and third party costs |
