N.O.O. Residential Permanent Loan
RATES + TERMS
Minimum Loan Amount
$500 Thousand
Maximum Loan Amount
$2+ Million
RATES:
LOANS UP TO $5 MM
LOANS >$5 MM
3.875% - 9.99%
7.990% - 9.99%
Fees
2-3%+
Timing
2-3 week closings
Maximum Loan to Value
80% for loans up to $2MM
70% for loans > $2MM
Maximum Loan to Purchase Price
80% for loans up to $2MM
70% for loans > $2MM
Yield Maintenance
Negotiable
Recourse
Required
Lien Position
1st
Maximum Maturity
Up to 30 years
Minimum Personal FICO Score
650
Acceptable Markets
Nationwide in
urban/suburban markets with population of 50,000+
Property Types Considered
Program designed for real estate investors and value added purchases of 1-4 unit residential, non-owner occupied.
Residential Loans
$3.4MM - 2 multi-unit residential rentals…
$4.250MM - Single & multifamily residences…
$5.8MM - Single family residence -…
CONTACT US
Let's Talk
AVATAR FINANCIAL GROUP
1200 Westlake Avenue N, #1006
Seattle, WA 98109
Office: 206.728.5900
Toll-Free: 1.888.886.0097
For information about loan programs or loan
requests, email us at:
[email protected]
