Loan Guidelines
Amount | $1M – $50M |
Rate | Fixed starting at 5.75% |
Amortization | Up to 30 years |
Purpose | Create liquidity for eligible projects under construction or completed within the last 36 months in CA, CO, CT, DC, FL, MI, MO, NE, NY, TX, PA, OH, UT, WI |
Loan To Value | Up to 30% |
Loan To Cost | 30% |
Loan Term | Up to 30 years (no payments up to 2 years) |
Loan Fee | 1% to 2% |
Guarantees | Non-recourse and flexible prepyament |