Banc-Series™
Apartment Loan Program interest rates are updated on a daily basis,
Monday-Friday, by 11:45 EST., except on
nationally recognized holidays.
|
View Detailed
Banc-Series
Apartment Loan Rates |
-- Maximum LTV is 80%
for both purchases and
refinances. 85% available
with
mezzanine financing
-- Prepayment Premium:
5, 5, 4, 4, 3, 2, 1, 1, 0.
-- Add 10 basis points to the apartment
loan rate for LTVs greater than 75%.
-- Add 25 basis points to the apartment
loan rate for loan sizes under $500,000.
-- Add 10 basis points for mobile home
park properties.
-- Apartment loan rates are subject
to change and may not be available at the time
of closing.
-- Interest Rates will not be locked
until all documents requested have been
received.
INTEREST RATE IS FLOATING UNTIL THE TIME OF
LOCK |
