Acquisition Financing

  • 83.3% Loan To Coast
  • 35 Year Amortization
  • 35 Year Term (no balloon
  • 7.5% Seller promissory note permitted for down payment requirements
  • No maximum loan amount
  • Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield
  • “Developer’s Fee” of 10% of cost allowed to be used towards equity requirement
  • No personal liability (non-recourse)
  • Negotiable pre-payment terms
  • 1:20 Minimum Debt Service Coverage
  • This loan is always assumable
  • Third-party expenses and loan costs are fanciable.