Friday, December 12, 2008

Investor Looking For Perfoming Notes On Mult-Family Units

Target Loan and Collateral Characteristics > ► Stabilized Multifamily Properties (5 or More Units)> Other Characteristics > ► Balloon or Hybrid Loan Terms of 5, 7 or 10 Years ►> First Liens Only > ► Amortizing Terms up to 30 Years ► Industry Standard> Insurance > ► Maximum Loan-To-Value of 80% ► Independent Appraisal> Analysis > ► Minimum Debt Service Coverage Ratio of 1.20x ►> Average or Better Property Condition > ► Declining Percentage Fee or Yield Maintenance> Prepayment Penalty ► Maximum PML of 20% > ► Minimum Borrower/Key Principal Mid FICO Score of 680>

If you you would like to get in contact with this buyer please send contact info to
tfs_processing@yahoo

thankyou!