Saturday, October 10, 2009

Small Apartment Loan Chicago

Fixed Rate non-recourse small apartment loan program.

Loan Amounts: $750,000-$5,000,000 DUS no maximum loan amount
Baltimore, Boston, Chicago, Los Angeles, New York City, San Diego,San Francisco, San Jose (CA), Sacramento, Seattle, and Washington
Fixed Rate Balloon Loans: 5, 7, 10 and 15 year loan terms with up to 30 year amortization terms

Fully Amortizing Loans: up to 30 year terms
Pricing based upon Loan to Value and Debt Service Coverage
Maximum Loan to Value or Costs: 80%
Minimum Debt Service Coverage Ratio: 1.25x
Low upfront costs, Low loan fees

Large Apartment Loans Chicago

Kendall Realty Advisors provides large loans using Fannie Mae, FHA 223(F) and Freddie Mac.

Low fixed rate non-recourse loans with terms up 35 years. All programs rates are well under 6% today.

More at

Large and Small Apartment Loans Chicago, IL

Large and Small Apartment Loans Chicago, IL
Chicago and Evanston, IL Offices