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 - Brooklyn, New York

$3.4MM – 2 multi-unit residential rentals…

$4.250MM - Single & multifamily residences - Greenwich, CT

$4.250MM – Single & multifamily residences…

$5.8MM - Single family residence - Medina, WA

$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]nancial.com