Financing Rates – 03/13/09

From Terrix Financial:

Current Rates as of 3/13/09:
Apartment Loans $500,000 to $2MM :
6.125% for 3yrs / 6.5% for 5yrs, low cost, 80% LTV, 1.20 DCR, 30 yr am.

Apartment loans $1MM – $3MM :
from 5.95% for 5 yrs / 6.15% for 10 yrs – recourse

Apartment loans $3,000,000+ :
from about 5.55% for 5 yrs / 5.90% for 10 yrs – non recourse