Lending Criteria

Property Location:  Nationwide
Term/Amortization:  5, 7 & 10 years/20-30 years
Interest Rate:  Fixed- and floating-rates available
Personal Liability:  Generally non-recourse to the Borrower and Principals, except for standard carve-outs
Assumability:  Allowed with Lender approval and 1% assumption fee
LTV Max: Varies by property type; up to 80% on multifamily and 70-75% on other properties
DCR Min:  Varies by property type, usually 1.25 minimum
Loan Servicing:  Retained by Financial Federal for the life of the loan, currently servicing over $1 billion in commercial loans

For more information please contact one of our commercial/multifamily officers.