ASC Small Balance Lending

American Street Capital specializes in providing competitive capital solutions for your commercial real estate financing needs. Our direct lending platform allows us to offer the following:

1-4 Unit Property Direct Lending Platform

Property Type:  SFR, 2-4 Unit Residence, Condominium, and Townhomes

Ineligible Property Type:  Owner Occupied Residence and Coop

Geography:  National

Loan Purpose:  Acquisition, Refinance, & Cash-Out Refinance

Number of Assets:  Single Asset & Portfolio

Loan Amount:  $250,000 – $5,000,000

Loan Terms: 5/1, 7/1, 10/1, & 30-year Fixed

Loan-To-Value:  Up to 75%

Amortization: 30-years

Interest-Only: Up to 10-years

Pre-Payment Penalty:  3%, 2%, 1% or 5%, 4%, 3%, 2%, 1%

Recourse:  Full Recourse

Minimum Credit Score: 680

Origination Fee:  Up to 1%

Multi Unit Direct Lending Platform

Property Type:  5-50 Unit Multifamily Residence, Mixed-Use

Ineligible Properties:  Owner Occupied Residence

Geography:  National

Loan Purpose:  Acquisition, Refinance, & Cash-Out Refinance

Number of Assets:  Single Asset & Portfolio

Loan Amount:  $350,000 – $5,000,000

Loan Terms: 5/1, 7/1, 10/1, & 30-year Fixed

Loan-To-Value:  Up to 75%

Amortization: 30-years

Interest-Only: Up to 10-years

Pre-Payment Penalty:  3%, 2%, 1% or 5%, 4%, 3%, 2%, 1%

Recourse:  Full Recourse

Minimum Credit Score: 680

Origination Fee:  Up to 1%

Bridge to HUD/Agency/CMBS Direct Lending Platform

Property Types: 5-200 unit Multifamily Residence, Single Family Residence, 2-4 Unit Residence, Condominium, and Townhomes

Ineligible Properties: Owner-Occupied Residence, Coop, & Healthcare

Geography: National

Deal Type: Acquisition, Cash-Out Refinance and Rate & Term Refinance

Number of Assets: Single Asset & Portfolio

Loan Amount: $500,000 – $5,000,000

Loan Terms: 18-24 months

Leverage: Up to 80% Loan-to-Value and 85% Loan-to-Cost

Amortization: Interest-Only and Interest Reserve

Pre-Payment Penalty: None

Recourse: Full Recourse and Non-Recourse

Minimum FICO: 600

Origination Fee: Up to 1.50%

Rate:  Starting at 7.99%

Rate Type:  Fixed

Timing:  30-35 days

ASC SBL FUNDED TRANSACTIONS

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