Blackstone has vast experience providing jumbo loans and super jumbo mortgages for Multi-Family Properties. We are registered New York mortgage brokers who maintain relationships with dozens of commercial lending sources in order to provide you with the financing options you require. Our lenders offer multiple options, including but not limited to:
Conventional Fixed-Rate Loans
- As much as 85% loan-to-value on acquisitions, and up to 80% on refinances.
- 5, 10,15,20,25, and 30-year amortization terms.
- Determination of rates is usually based upon a spread over the corresponding United States Treasury bills.
- Choose between self-amortizing or balloon financing.
Fannie Mae and Freddie Mac Loans
- Home loans starting at $500,000.
- Jumbo loan From $3 to $20 million for senior housing facilities.
- Terms of 5,7,10,15,20,25, and 30 years available.
- Maximum loan-to-value for senior housing is 75%; 80% for multi-family dwellings.
- Amortization terms are 25 years for senior housing, and 30 years for multi-family.
- Negotiated Transaction Programs for super jumbo loans of loans of $50 million or more allow rates and terms to be negotiated with quality debt-service coverage, as well as low leverage on single-asset and multi-property portfolios.
FHA-HUD Loans
- The maximum loan-to-value for multi-family projects is 85%. For-profit healthcare facilities are offered at 85-90%, and non-profit at 90-95%.
- Terms are 35 years for existing projects, 40% for new.
The commercial real estate lenders at Blackstone Mortgage Corp. are waiting for your call. They look forward to serving all of your home loan needs, from 30 year home mortgages to jumbo loans to super jumbo loans. To contact a Blackstone representative in your area, please call us at 1-866-879-1100 or apply now for one of residential or commercial mortgage programs.
Please apply now for one of our Multi-Family Properties Loans, or call us at 1-866-879-1100 to speak with one of our financial counselors.
|
