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Because it does not require a personal guarantee, a non-recourse financing option is the best loan program for corporate partnerships, corporate investing, etc. Non-recourse financing commercial loan programs extend the benefits of financing without personal liability concerns.
A typical non-recourse commercial loan program offers multifamily loans that are FHA insured. These loans are based on such terms as:
*40 year term *85% loan-to-value ratio *1.15 debt service coverage *Fixed rates
Non-recourse financing can be used for apartments, nursing homes, assisted living, new construction, remodeling, acquisition, and refinancing.
In summary, the hallmark of a our good multifamily apartment lenders is that they will share several different loan options for our prospective clients. To help the process go smoothly, we make sure to study the loan basics beforehand, and be ready to make a decision on what kind of loan will work best for our clients. Proper preparation will pay off in the end. CLICK HERE TO APPLY!


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