From Terrix Financial
$500,000 to $2,000,000
3 yr fixed 6.125% – 6.25%
5 yr fixed 6.25% – 6.625%
7 yr fixed 6.375% – 6.75%
Rate will depend on loan size and quality
Bank process
small prepay, cheap costs
Most likely 70% max LTV
$750,000 to $3,000,000
5 yr fixed 5.60%
7 yr fixed 6.00%
10 yr fixed 5.95%
30 yr amort
80% LTV for the 10/30 loans – may be lower LTV for 5 and 7-yr loans
$2,000,000+
5 yr fixed 5.58%
7 yr fixed 5.98%
5 yr fixed 6.06%
Non recourse
30 yr amort
80% LTV for the 10/30 loans – may be lower LTV for 5 and 7-yr loans
We also have non-traditional apartment lending sources (banks, life companies, private lenders) that can make sense on certain deals.
Please call me for specific quotes and financing needs.
Brandon Rogers
Vice President, Shareholder
Terrix Financial Corporation
1777 S. Harrison St., Suite 301
Denver, CO 80210
303-757-7800 (ph)
brogers@terrix.com
www.terrix.com