Up to 92.5%* Loan-to-Value
Multifamily – Assisted Living Acquisition

• $2 Million Loan Minimum
• 35 Year Amortization
• 35 Year Term (no balloon)
• 7.5% Seller promissory note allowed for down payment requirements
• No maximum loan amount
• Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield
• No personal liability (non-recourse)
• Negotiable pre-payment terms
• 1:15 Minimum Debt Service Coverage
• This loan is always assumable
• Third-party expenses and loan costs are financeable.

* 85% LTV with 15% equity where we may allow 1/2 of the 15% in the form of a seller note on apartments.  Thus only 7.5% equity or 92.5% CLTV.

Rates and Terms determined by LTV, credit, property type and other
conditions. This is limited information and meant for general
reference purposes. For detailed information or a specific quote on a
project, give us a call at 863-298-8900 or 813-833-3132.