
25 September 2015 | 5 replies
But, the entire premise here is that you will be able to refi as planned and scheduled, which means that the permanent financing player is fully involved from the get-go...And it doesn't stop there, because some times banks change their mind last minute - ask me how I know this :)Not to mention that your costs with HML will be very high, and terms will be quite rigid.

5 February 2014 | 12 replies
I never had the pleasure of being permanently stationed in Hawaii.

28 June 2024 | 100 replies
>>>>>>>>>>>>>>>>>>>>>Multifamily bridge loans:Loan Size:$1 million and upLoan Term:Short-term, typically ranging from 6 months to 3 yearsMost common range is 12-24 monthsExtension options may be availableInterest Rates:Higher than permanent financing, often in the teensRates vary based on creditworthiness and collateralGenerally 7-10.5% for multifamily, 15-24% for other commercial propertiesAmortization:Typically interest-only paymentsMaximum Loan-to-Value (LTV):Up to 75% of total project costCapped at 70% of the completed or stabilized property valueFees:Origination fees, legal fees, closing costs typically 1.5-3% of loan amountFees can include appraisal, administration, escrow, title policy, and notary chargesOther key characteristics of multifamily bridge loans:Fast closing process, with funds available quicklyEligibility based more on property value than borrower creditOften used for acquisitions, renovations, lease-up, or repositioningProvided by private lenders, venture capital firms, and commercial real estate lendersNeed to be refinanced or paid off quickly via sale or permanent financing>>>here is how extension options can impact the overall cost of a multifamily bridge loan:Extension fees: Exercising an extension option on a multifamily bridge loan typically requires paying an extension fee to the lender.

10 July 2019 | 2 replies
If the seller dies before closing, the contract is null and void - but other than that rather extreme and permanent condition, the seller would not be able to just cancel an executed contract.

23 August 2022 | 72 replies
Were you and your husband able to refi into a permanent loan afterward?

30 June 2020 | 16 replies
I heard that the city of San Francisco has made the moratorium on evictions permanent.

24 November 2019 | 2 replies
Permanent disability: counts without caveat.Temporary disability: counts once there is a projected return to work date.

3 November 2017 | 1 reply
Said to have a 50 Billion economic impact. 7-10 years of construction. 40-50 thousand construction jobs and 10,000 permanent after construction is done.They just finalized the deal happening.What is the plan of attack here?

19 October 2023 | 20 replies
Someone should keep this list up-to-date or make it a permanent page of the podcast...

15 November 2019 | 10 replies
The Community Development Lending department offers affordable housing solutions across the US, including construction loans, bridge/acquisition loans, equity and permanent mortgages.