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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


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