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* * * Apartment Loans Page * * *
* * * * Rates Can Be Locked On Loans in Process * * *
Why Do Commercial Property Owners Favor Us Over Their Banks?
Did You Know?
Rate and term may vary based on:
Debt-Service-Coverage-Ratio (DSCR), i.e. Net Annual Income VS Annual Debt Service,
Loan-To-Value (LTV) ratio,
FICO credit scores of the owner(s),
Property Type, Property Location, etc.
Alternatively, we do have programs that don't follow the above rules. The following are a couple of examples (we have more of such alternatives):
The True No Doc Loan is Back
UNLIMITED No Questions Asked Cash Out
To see what rate and terms we could offer you, request a No-cost Written Quotation. We recommend that you Pre-Qualify for the loan.
The following are the highlights of the 35-year program:
85% Loan-to-Value (80% with cash out)
35-Year Amortization
35-Year Term (no balloon)
No maximum loan amount
Low, fixed interest rate, based on market spreads over the Ten-Year Treasury Yield
No personal liability (non-recourse)
Negotiable pre-payment terms
1:18 Minimum Debt Service Coverage
This loan is always assumable
Third-party expenses and loan costs are able to be financed
This is limited information and is meant for general reference purposes. For more information or a specific quote on a project, contact 1-800-430-9222 or email Quote@AllstateMortgageServices.com
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Allstate Mortgage Services - Headquarter: 8888 Keystone Crossing, Suite 1300 - Indianapolis, IN 46240 Office Phone: (317) 577-1962 Fax: (317) 578-0399 Toll Free Phone: (800) 430-9222
OVER 500 OFFICES STRONG - LENDING IN ALL 50 STATES
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