Purpose | Purchase of Land, Vacant or Occupied Multifamily Buildings |
Loan Amounts | Up to $15 MM |
Term | Up to 36 months |
LTV | Land: Up to 85% MF: Up to 95% |
Repayment | Monthly Interest Only |
Commitment Fee | Determined on a Case-by-Case Basis |
Application Fee | $2,000 |
Collateral | 1st Lien Security Interest |
Legal | Paid by Borrower |