Presidential Loan Products.....
Lending Overview ..%2F: Home Mortgage Programs ..%2F: Apply Online for a Home Mortgage
Home Equity Loans  ..%2F: Mutual Fund Equity Loans ..%2F: Commercial Lending

Multifamily Loan Programs

Representative Transactions

calculator Multifamily Pre-Qualification Loan Calculator

Property Types Lending Area

Existing Multifamily Rental Properties,
Minimum Five Units

Eastern & Central Time zones

Loan Amounts Loan Types

$100,000 to $2,500,000

Higher amounts may be available to qualified borrowers

 Variable rates: monthly, 1 -, 3- and 5-year ARMs
Three and five year fixed-rate loans
Loan Maturities Loan to Value Ratio

Up to 10 Years

 To 75% on Purchases and Refinances
To 70% on Cash-out Refinances
Debt Service Coverage Amoritization
Net Operating Income must be at least 1.20 times debt service Up to 25 Years
Rate Adjustment Index Origination Fee
Prime Rate (per Wall Street Journal)
l-, 3-, or 5-year U.S. Treasury Constant Maturity Yield (per Federal Reserve Board) 		1 % of Loan Amount
  Contact:
 

Steve Marr

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last 10/11/2010 lmm
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