Permanent Long Term Financing
Typical Lending Criteria:
Loan Term: 3, 5, 7, 10, 15, 25, 30 Years
Amortization: 20, 25, 30, 35 Years
Interest Rate: 2.70% - 5.75%
Loan-To Value: 90% Max, Typically 65-70%
Prepayment Penalty: Stepdown, Yield maintenance, defeasance
Closing Time: 45-90 Days
Expense Deposit: Typically 1% of loan
Lending Area: New York City, Long Island, and Westchester
Loan Size: $500,000 to $50,000,000
Property Types: Multifamily
Industrial
Development Sites, Vacant Land
Office
Retail
** Self Amortizing products are available **
You can expect quick and timely response to any origination inquiry.
For all bank and institutional financing requests please contact:
Michal Walma
Associate
646 253 0989