LARGO CAPITAL DIRECT
- MULTIFAMILY PROGRAM
AS OF JANUARY 2012
Program options available:
| Lending Type |
Loan Amount |
LTV |
Rate (5 Yr) |
Rate (10
yr) |
|
Life Insurance Correspondent |
$1 MM - up |
75% |
4.0% |
4.50% |
|
Agency Correspondent |
$1 MM - up |
80% |
3.50% |
4.25% |
|
CMBS Correspondent |
$2 MM - up |
75% |
6% - 6.25% |
5.75% - 6.0% |
|
Bank Correspondent |
$3MM - up |
75% |
4.0% |
4.75% |
Standard 1% Loan Fee on All transactions> Standard 1% Loan Fee on All transactions
LIFE INSURANCE CORRESPONDENT
HIGHLIGHTS:
- Extremely Competitive Pricing
-
Special Pricing for Low Leverage Deals
-
Flexibility
- No replacement reserves
required
- Forwards available - up to 6
months free
- Rate lock at application
-
Up to 30 year amortization
-
Non-recourse with standard carve-outs
-
Tertiary markets acceptable
To Receive a competitive quote, please submit the following information to:
Lori Tirado (ltirado@largocapital.com)
Historical operating statements (including year-to-date statements), photographs of the subject property, current rent roll, sponsor's personal financial statement and resume. |