 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Financial Products:
Construction Loan
• Interest Rate: Floating
• Term: Up to 36 months
• Loan To Value: Up to 100%
• Guarantee: Completion guarantee only
• Convertible to permanent at stabilization
• Minimum Loan Size: $500,000
Permanent Financing
• Interest Rate: Fixed or Floating
• Term: Up to 10 years
• Loan to Value: Up to 100%
• Debt Service Coverage: 1.2x minimum
• Guarantee: Not required
• Minimum Loan Size: $1,000,000
Project Types:
Single Family Housing or Multifamily
• Acquisition / Rehabilitation
• New Construction
• Subdivision development
Commercial Retail Development (as an amenity for a housing development)
Learn more ...
• Introduction
• What is considered
moderately priced or “affordable” housing?
• Our history
• What we
strive to accomplish
• Financial products and projects
• Leadership
and governance
• Who we
serve
• Overview
(PDF)
• For more information
