RE/MAX Napa Valley Extends Multifamily Lending Advice
Here at the RE/MAX Napa Valley office, RE/MAX Cornerstone I am often asked by my multifamily clients what are the current lending rates for multifamily. My preferred lender is offering the following deals. Here at RE/MAX Napa Valley we have referred many multifamily buyers to our preferred lender. If you would like information contact me at the number below:
| Property Type | Program | Loan Amount |
Rates Starting at |
|
MF & COMM |
Gold LIBOR SWAP |
$1mil- $10mil |
5.80% |
|
|
- 3-10 year fixed period |
||
| Property Type | Program | Loan Amount |
Rates Starting at |
|
MF & COMM |
Elite | $750k to $10mil |
6.20% |
|
|
- No Prepayment Penalty - All Property Types eligible - No Escrows - Maximum LTV 75% - Available in AZ, CA, CO, ID, MT, NM, NV, OR, TX, WA, UT |
||
| Property Type | Program | Loan Amount |
Rates Starting at |
|
MULTIFAMILY |
Fannie Mae Express | $750k+ |
6.51% |
|
|
- 30-year Amortization - Supplemental Financing Available - 2 years interest only available - Available Nationwide |
||
Contact me Mike Bolen a commercial real estate agent here at the RE/MAX Napa Valley office, RE/MAX Cornerstone we are located in downtown Napa on the corner of 1st and Main you can reach me by calling 707-254-9999 or email Mike@MikeBolen.com
[...] Original post by Mike Bolen [...]
Pingback by RE/MAX Napa Valley Extends Multifamily Lending Advice — August 30, 2008 @ 12:21 am
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Trackback by Jack — October 3, 2008 @ 8:20 am