Multifamily Construction Loan Program #4


Details:

9.5% @ 1.5 points for 18 months on a construction loan only

9.931% *APR (annual percentage rate).

 

Up to 75% LTC (loan-to-cost) when 65% LTV (loan-to-value) depending on the loan size.   Brokers welcome.

This loan is variable during construction at 1% over the Prime Rate.

Fees, points, and program parameters subject to change without notice.