You are on page 1of 1

MULTIFAMILY

Agency Large Loan Program


Loan Sizes: $3,000,000 minimum No Maximum Property Types: Multifamily 5+ units Assisted Living Mobile Home Parks Loan Terms: 5yr, 7yr, 10yr, 20yr and 30yr available Amortization: Up to 30 years Debt Coverage Ratio: Debt Coverage Ratios vary with tiers. Range 1.25x to 1.55x Maximum LTV: Loan to Values vary with tiers. Maximum LTV 80%. Recourse: Non-recourse Lender Fees: Application Deposit: $13,500 (includes; appraisal, environmental, engineering) nonrefundable Legal: $4,750 Commitment Fee: 2.00% refunded at closing Origination Fee: 1.00% Processing Fee: $1,500 $3,000 Impounds: Reserves for real estate taxes, insurance and replacements generally required. Assumability: Subject to Lender consent and approval 1.00% fee Secondary Financing: Available after 12 months from loan closing Prepayment: Yield Maintenance For more information contact: Sok H. Cordell Sr. Managing Director 503-640-5200 or toll free 1-877-257-0865 info@ch-capital.com

You might also like