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Demo Multifamily loan (DSCR-sized) 2

Loan program from Demo Falcon Credit Union

Demo listing. This program is sample data and cannot receive requests.

Loan amount
$100K – $2.9M
Starting rate
7.76% – 9.22%
Max LTV
76%
Min DSCR
1.00x
Term
360 months
Typical close
31 days
Recourse
Non

Who It Fits: Where

States served
Indiana, New Jersey, Minnesota, Missouri, South Carolina, Idaho

Who It Fits: Property

Minimum DSCR
1

Who It Fits: Borrower

Minimum credit score
660

Loan Size and Pricing

Minimum loan
$100K
Maximum loan
$2.9M
Lowest indicative rate (%)
7.76%
Highest indicative rate (%)
9.22%
Rate type
Fixed

Terms

Minimum term (months)
360
Maximum term (months)
360
Amortization (months)
360

Leverage

Maximum LTV (%)
76%

Structure and Guarantees

Recourse
Non-recourse

Fees and Timing

Estimated days to close
31

Program Basics

Financing category
Commercial real estate
Loan type
Multifamily Loan
Loan uses you finance
Working Capital, Construction, Recapitalization

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