To determine which product or service best meets your needs select one of the following.
Multi-Family Refinance - Convert your "trapped" equity into cash. Use the cash from your Multi-Family Loan for expansion or other investment.
Multi-Family Acquisition Financing
- Enter the Multi-Family business with one of our competitive
rates and flexible Multi-Family Acquisition Loans .
Common Borrower Mistakes
- What are the most common and costly mistakes made by borrowers
in both Multi-Family Acquisition Loans and Multi-Family Refinance
Loans.
Multi-Family Refinancing
There are a number of reasons a Multi-Family owner may want to consider refinancing their Multi-Family Loan, such as pulling out cash or obtaining funds for an expansion.
For Multi-Family Loans $1,000,000 plus, we offer a number of loan features that we can tailor to fit your refinancing needs.
Below are some of our many loan features that you can select from:
- Loan to Value up to 75%
- Low Debt Service Coverage of 1.40 to 1
- Fixed interest rates for up to 15 years
- Amortization periods of up to 30 years
- Interest only for up to 24 months
- Interest Rate Locks for up to 60 days
- Low fixed third party closing cost
- Non-recourse / Recourse
- Loan closings of 60 days or less
- 3 yr and 5 yr step down prepayment available
- 3 yr Interest only loan available ($2 million+)
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Multi-Family Acquisition Financing
Just a few of the reasons you should consider using S & W to obtain your
Multi-Family Acquisition Loan are as follows:
1. Outstanding Loan Terms
Multi-Family Acquisition Loan Terms - our terms for Multi-Family
Acquisition Loans of $1,000,000 or higher are the best in the industry.
They feature such terms as:
- Loan to Purchase up to 75%
- Low Debt Service Coverage of 1.40 to 1
- Fixed interest rates for up to 15 years
- Amortization periods of up to 30 years
- Interest only for up to 24 months
- Interest Rate Locks for up to 60 days
- Low fixed third party closing cost
- Non-recourse / Recourse
- Loan closings of 60 days or less
- 3 yr and 5 yr step down prepayment available
- 3 yr Interest only loan available ($2 million+)
2. We Handle Everything
We manage the Multi-Family Acquisition Loan closing process each
step of the way . S & W’s many years experience working
with the sellers, the real estate broker, the buyer’s attorney,
etc in obtaining and closing Acquisition Loans has proved to be
very beneficial to Multi-Family buyers.
3. Experienced Professionals
Bill Walton would be glad to assist you in evaluating
your prospective Multi-Family Acquisition, reviewing the purchase
contract, and if appropriate helping you obtain a Multi-Family
Acquisition Loan.
Note: The above services and products apply to Multi-Family Acquisitions
of properties that have at least 75% physical occupancy level and
have a purchase price of $1,250,000 or higher.
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Common Borrower Mistakes
The Multi-Family Refinancing process does not have to be complicated
or stressful. One way to ensure a smooth process is to learn from
others mistakes. Below are some common mistakes to consider before
you start the Multi-Family Loan process.
Multi-Family Acquisition/Refinance Loans
- Not exploring all available Multi Family products
- Using an inexperienced lawyer
- Failing to negotiate deal points in the Multi
Family Loan offer letter
- Failing to "adjust" actual results
when appropriate to maximize your Multi Family amount.
- Failing to use an experienced Hotel / Motel Loan Broker
- A buyer failing to negotiate that the seller
deliver key items needed to obtain a Multi Family Acquisition
Loan
- Not calculating your "breakeven occupancy" before you invest
- Being too aggressive with Financial Projections
1515 Mockingbird Ln. Suite 500
Charlotte, NC 28209
Phone: 888-525-9081
Fax: 704-525-9084
Bill Walton: bwalton@sandwgroup.com
Matt Lexow Gray: mlexowgray@sandwgroup.com
Call or email Bill Walton to discuss how you can avoid making
common borrower mistakes. 888-525-9081 or bwalton@sandwgroup.com
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