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Apartment
Acquisition Loans For
Every Investment Need!
ProFunders is excited to announce our new Apartment
/ Multi-family Acquisition Loan Program. We are direct to the
lending source, so there is no worry about any
middlemen!
Apartment
Acquisition Loans
ProFunders is able to offer truly unique terms for
apartment / multifamily owners.
Minimum
loan amount: $5 million, no maximum
35 yr amortization
35 yr
term (no balloon)
85%
LTV (loan to value)
Low,
fixed interest rate, based on market spreads over
the 10 yr Treasury yield.
7.5%
Seller promissory note allowed for down payment
requirements
Non-recourse
(No personal liability)
Negotiable
pre-payment terms
1:18
Minimum Debt Service Coverage
Third-party
expenses and loan costs can be rolled into the loan
Rates and Terms determined by LTV, credit, property
type and other conditions.
Let
your next move be your best move...contact us TODAY!
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