Refinance Details
- 83.3% Loan-to-Value (80% with cash out)
- 35 Year Amortization
- 35 Year Term (no balloon)
- 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
- 1:20 Minimum Debt Service Coverage
- This loan is always assumable
- Third-party expenses and loan costs are fanciable.