Non Recourse - Multifamily (5+) & Apartment loans - Nationwide

[Upen Patel]

Multifamily & Apartment Lending Done Right

With interest rates still at historic lows, now is the time to act on your multifamily loan needs.

The Multifamily Loan Program was designed with your success in mind. Whether your goal is to grow your portfolio, improve returns on existing assets, or meet other financial objectives, we have the strength, expertise and reliability to get you there. With speed, flexible lending terms, and low cost, you can get the best terms and choice with our streamlined execution for loans from $1 million to $7.5 million. I can meet your needs NATIONWIDE.

Eligibility and Property Requirements:

• Minimum FICO score of 650
• Loans from $1 million to $7.5 million
  
• Net worth equal to or exceeding loan amount
• Conventional multifamily housing, with 5 + residential units. Mixed use subject to limitations.
• Minimum 90% occupancy of units for 90 days prior to underwriting

Flexible Loan Terms:

• 5-, 7-, and 10-year fixed-rate and hybrid ARMs
• 30-year amortization
• Partial-and full-term interest only available
• Up to 80% LTV
• Cash-out options
• Cash-out options

Get your docs together and call me to get your loan done.

Documents Required for Initial Review:

• Rent Roll
• Recent 12-month property income/expense statement
• Personal financial statement
• Guarantor name, bio, net worth/liquidity
• Property info: name, address,unique characteristics

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Upen Patel

Mortgage Banker, National Lender

web: www.thefederalsavingsbank.com/upenpatel

app: https://www.thefederalsavingsbank.com/Application/...

The Federal Savings Bank

cell: (571) 331-5161

email: [email protected]

Federal NMLS# 1374243

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Financing Options Available in ALL 50 States - Alabama (AL), Alaska (AK), Arizona (AZ), Arkansas (AR), California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Kentucky (KY), Louisiana (LA), Maine (ME), Maryland (MD), Massachusetts (MA), Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV), New Hampshire (NH), New Jersey (NJ), New Mexico (NM), New York (NY), North Carolina (NC), North Dakota (ND), Ohio (OH), Oklahoma (OK), Oregon (OR), Pennsylvania (PA), Rhode Island (RI), South Carolina (SC), South Dakota (SD), Tennessee (TN), Texas (TX), Utah (UT), Vermont (VT), Virginia (VA), Washington (WA), West Virginia (WV), Wisconsin (WI), Wyoming (WY)

New York, Newark, Jersey City, Los Angeles, Long Beach, Anaheim, Riverside, San Bernardino, Honolulu, Ontario, Chicago, Naperville, Washington, Baltimore, Arlington, Vienna, Fairfax, McLean, Falls Church, Bethesda, Silver Spring, Prince William County, Prince Georges County, San Jose, San Francisco, Oakland, Boston, Worcester, Providence, Philadelphia, Dallas, Fort Worth, Miami, Fort Lauderdale, Port St. Lucie, Houston, Atlanta, Athens, Clarke County, Phoenix, Mesa, Scottsdale, Minneapolis, St. Paul, Seattle, Tacoma, Denver, Aurora, San Diego, Carlsbad, San Ramone, Portland, Vancouver, Salem, Orlando, Daytona Beach, St. Louis, St. Charles Farmington, Tampa-St., Petersburg-Clearwater, Columbia, Towson, Sacramento, Roseville, Charlotte, Concord