Multi FamilyÂ
Typically 12 to 36 months during the initial loan term
No pre-payment penalty
Fixed Rate Starting at 10%+
Please contact for lending matrix and current pricing
Interest only
Express Capital Financing is an active lender in commercial real estate, providing bridge capital for small and medium balance transactions.
Uses of proceeds include:
Our bridge loans are tailored to meet your specific needs, and offer such features as:
Interest rates on our bridge loans are structures around the value of the property used as collateral.
Documentation Required for Term Sheet
Guildelines | Criteria |
---|---|
Loan Type | Senior first mortgage loans only |
Loan Amount | $500k – $10M |
Maximum Term | Up to 3 Years |
Amortization | Interest Only |
Loan to Cost | Up to 85% |
Stabilized Target Loan to Value | 75% Multifamily |
Rates | as low as 10%+ |
Other |
|
Property Types | Multifamily |
Minimum Credit Score | 650 or higher |
Liquidity/Net worth | 15%/% 100% of loan amount |