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Apartment Loan Quick Links |
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| Apartment Loan Rates |
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| Why Choose Capital Assets,Inc |
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Capital Assets,Inc has the knowledge,
expertise and strategic relationships required to
provide you with the most competitive rates and terms
for your commercial or multifamily property. |
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Multiple program options
- Competitive rates and terms
- Knowledge and expertise
- Certainty of execution
- Convenient electronic loan process
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| Request a Quote Today! |
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Provide some basic information
about the property and apartment financing you?re
seeking and we will provide a no cost no obligation
quote. |
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Security and privacy protected
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No social security number required
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No credit inquiry
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No cost or obligation
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| Purchasing? Get Prequalified |
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Let Capital Assets,Inc help you
negotiate and purchase with confidence by providing a no
cost property evaluation. |
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No cost property evaluation
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Sponsorship prequalifications
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Know how much you can borrow
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Determine property eligibility
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Banc Series Apartment Loans Program Overview
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The Banc Series? Apartment
Loan program is a dynamic mix of bank balance sheet loan
programs for 5+ unit multifamily properties. By
partnering with the most competitive and aggressive
banks in the country to create the Banc Series product
line, we can custom tailor financing based on location,
property characteristics, and investor (sponsorship)
profile — providing you with most competitive and
dynamic apartment financing options available to meet
your individual goals and objectives. |
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Banc Series Nationwide Apartment Loan Program
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Available nationwide in most
primary and secondary markets. The Nationwide program
provides competitive, low cost apartment financing for
five plus individual multifamily units, mixed-use
commercial properties with less than 25% of revenue
generated from commercial use, and
mobile home park
communities.
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Apartment loans from $500k
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Up to 30-year amortization
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3, 5, 7 and 10 year fixed rate terms
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No yield maintenance or defeasance
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No balloons or call provisions
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Step down prepays
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No replacement reserves
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Up to 75% LTV
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Banc Series West Coast Apartment Loan Program
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Customized financing
available for the core markets of California, Oregon and
Washington for both multifamily and mobile home park
assets. The Banc Series West Coast program provides low
fixed rates, limited prepayment penalties and “deal
making” underwriting.
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Loans from $500k – $5mm
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1.2 minimum DSCR (sizing based on P&Ls)
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Up to 75% LTV
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No or limited seismic reports
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90 day rate locks (lock at LOI)
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Lower rates for lower leveraged loans
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Fixed rates up to 15 years with no balloons
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Low capped closing costs
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Banc Series California Apartment Loan Program
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One of the largest and most
diverse markets for multifamily housing, California
properties require more than just a “one size fits all”
approach to financing. The Banc Series California
Apartment Loan program provides the most competitive
rates, terms and flexibility in underwriting guidelines available to
help maximize your investment in California multifamily
housing.
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Apartment loan from $500k – $7mm
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Maximize leverage with 1.15 DSCR
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Interest only options
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Up to 75% LTV
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Flexible prepay – pay up to 20% per year without a
prepay penalty
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30-year fully amortized loan terms
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Reduced seismic requirements
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Banc Series Select Apartment Loan Program
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The Banc Series Select
program offers borrowers flexibility in program terms
and underwriting guidelines, while offering highly
competitive fixed and floating rate terms. A streamlined
underwriting process provides a fast and accurate
pre-application process with closings in under 45 days.
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Apartment loan from $750k – $10mm
- 3, 5, 7, and 10 year fixed rate terms
- Multiple prepay options
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30 year self amortizing terms
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Program available in CA, OR, WA, ID, AZ, NM, UT, CO,
MT and NV
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Banc Series Major Markets Apartment Loan Program
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For Class A and B assets
located in major markets, the Banc Series Major Markets
program provides qualified properties and sponsors with
the most competitive and aggressive rates and terms in
the market. Rates are competitive with secondary market
products without some of the downsides (defeasance,
replacement reserves, delayed rate locks).
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$500k minimum loan size with no maximum
- 3, 5, 7, and 10 year fixed rate terms
- Minimum 1.15 DSCR
- Interest only options
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Recourse and non-recourse options
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No impounds or replacement reserves
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Personal / business tax returns not required
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Program available in most major MSAs
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Which Program Is Best For You
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 Which one of our
apartment loan programs is
best for you? It depends on what you are looking
for in a loan (e.g. interest rate, amortization, prepay, cost). It also
depends on the property (e.g. location, age,
condition, debt service) and sponsor (e.g. credit score,
financial strength, experience) characteristics.
By providing some basic information about
yourself, your property and what you are looking
for in an apartment loan, we can help
you decide which one of our programs is best for
you. |
Let us help you decide
by providing the following information: |
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2 years and YTD income and expense statement (P&L)
for the subject property
- Current rent roll for subject property
- Interior and exterior photos
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Personal financial statement
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Schedule of real estate owned
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Brief narrative highlighting multifamily ownership
experience
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Apartment loan availability —
including LTV, DSCR, and loan size — may vary depending
on property location, economic conditions, exposure, and
other variables that may negatively influence risk. Loan
programs and program guidelines are subject to change.
Information provided is not an offer to make a loan and
should be used for informational purposes only. Meeting
the minimum program eligibility requirements doesn’t
automatically qualify you for a loan. |
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Banc Series
multifamily loan programs are subject to each of their
respective underwriting guidelines and requirements.
General
underwriting guidelines and
disclosures
are subject to change without notice and should not be
relied upon to determine property or sponsor
eligibility.
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