Investment Properties – Small Balance

Loan Amount

$750,000 – $5,000,000

Loan Term

3, 5, 7, 10, and 15 year fixed

Amortization

30 year standard or can be customized

Minimum DSCR

1.25x+

Maximum LTV

  • Acquisition Leverage: Up to 75%
  • Refinance Leverage: Up to 75%

Interest Rate

Check with your ASC representative

Geographic Location

National

Eligible Property Types

Tier 1

  • Multi-Family
  • Mixed-Use
  • Student Housing
  • Assisted Living Facilities
  • Mobile Home Parks
  • Cooperative
Tier 2

  • Retail
  • Office
  • Industrial
  • Hospitality
  • Special Use

Recourse

Non-recourse is available

Pre-payment

Yield maintenance, defeasance, or step down

Assumability

Assumability is available

Eligible Borrower

  • 680+ personal credit score
  • Net worth to loan request ratio of 1.00+
  • Liquidity: 10 months of the P&I payment
  • 3 + years of CRE ownership

Eligible Property

  • In compliance with zoning
  • In good standing with all municipal codes
  • 90% occupancy in the past 90 days
  • 3+ months history of rent collection