Fixed Rate non-recourse small apartment loan program.
Loan Amounts: $750,000-$5,000,000
Baltimore, Boston, Chicago, Los Angeles, New York City, San Diego,San Francisco, San Jose (CA), Sacramento, Seattle, and Washington
Fixed Rate Balloon Loans: 5, 7, 10 and 15 year loan terms with up to 30 year amortization terms
Fully Amortizing Loans: up to 30 year terms
Pricing based upon Loan to Value and Debt Service Coverage
Maximum Loan to Value: 75%
Minimum Debt Service Coverage Ratio: 1.25x
Low upfront costs, Low loan fees
http://www.kendallrealtyadvisors.com/smallaptloan.html
Now offering FNMA and Freddie Mac Affordable and Small Apartment Loans
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Kendall Realty Advisors
847-903-7578
Scott Kendall Owner
Apartment Loans Commercial Mortgages Chicago, Nationally, Small Apartment
Loans, FHA 223 F,FNMA D...
8 years ago