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  1. #1

    Portfolio loan - highlights & guidelines

    Cross-Collateralize Multi-Family and Single-Family Rental Assets


    CLICK HERE TO SUBMIT YOUR REAL ESTATE FINANCING REQUEST


    Min Loan Size $500K
    Min FICO*660 w/o bks, foreclosures, etc. in last 3 years
    Min Unit Count*5 (ex: 1 duplex & 1 triplex OR 5 SFRs)
    Min Values*$50K = Single family dwelling | $40K/door = Multi-family dwelling

    Asset Types*SFR, condo, townhome, 2-4 Unit and 5-20 unit apartments (larger apartments on exception basis)

    Max LTV*Up to 70% (up to 65% for foreign nationals, min loan amount $1m) Based on per property seasoning

    Min DSCR*1.20x (1.25x for loans under $2M)
    Rates*Starting low 5s and up
    Term Options*5 Year or 10 year balloon

    Yield Maintenance*54 months on 5 year, 114 months on 10 year

    Amortization Options*20, 25 & 30 years
    Interest Only*Case by Case – Up to 65% LTV

    Non-recourse Option*Yes
    
Foreign Nationals Yes*Max LTV up to 65% and Min Loan amount $1M*
    Borrower Entity Delaware SPE LLC required
    
Expense Deposit*Yes

    Reserves*Yes – Taxes, Insurance, Capex and Debt Service/P & I Payment Reserves Escrowed at closing – 3 months P & I (Greater than 20 units) or 6 months P & I (Less than 20 units)

    Condo Conversion*Yes

    Non-Warrantable Condo*Yes
    Occupancy*Min 90%

    Lease Term*Min 12 months
    No vacation rentals/Short-term
    Liquidity/Net-worth Requirement*- 5% of loan amount Liquid and 25% net-worth

    Seasoning Schedule
    The lesser of LTV or 100% LTC 12-18 months seasoning
    The lesser of LTV or 90% LTC <12 months
    The lesser or LTV or 70% LTC <3 months
    Greater than 18months up to 70% LTV
    *Seasoning limiters will be calculated on a per property level

    Click Here To Become An Affiliate


    Submissions Department
    Direct: 305-984-3641
    Email: Submissions@usfinancecompany.com
    Website: www.usfinance.biz

  2. #2
    Senior Member Reputation points: 29456
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    yall are a broker for commercial loans i take it ?

  3. #3
    Yes, please submit all requests here followed with an email to Submissions@usfinancecompany.com

  4. #4
    Senior Member Reputation points: 29456
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    Quote Originally Posted by Bcooper View Post
    yall are a broker for commercial loans i take it ?
    so what is my benefit of going with you vs just going straight to a commercial mortgage lender and or another broker?

  5. #5
    Quote Originally Posted by Bcooper View Post
    so what is my benefit of going with you vs just going straight to a commercial mortgage lender and or another broker?
    We have relationships with private lenders, family offices, and hedge funds.

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