Loan TypeMini-Perm
Purpose Acquire and Stabilize Multifamily Housing
Loan Amounts $500K - $15MM
Term 5-7 Years
LTV Up to 95% (stabilized value)
Repayment Monthly Principal and Interest Payment based on 30-year Amortization
Collateral 1st Lien Security Interest
Debt Service Coverage 1.15:1 or better
Legal Determined by Complexity of Transaction. Paid by Borrower

A mini-perm loan is essentially a bridge loan that allows a borrower to refinance acquisition/construction/rehabilitation debt prior to securing long-term permanent financing. CHC’s Mini-Perm loan program is ideal for acquiring and stabilizing a property for a period of 5 to 7 years, with amortizing schedules up to 30 years.

Call us to learn more at (404) 373-5662.

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