M U L T I F A M I L Y

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A C C E S S P R O G R A M D E T A I L S
S U B M I T T I N G A D E A L To begin closing
your multifamily loan, contact Investors
Community Bank with the following information
Current rent roll Last two complete year-end
operating statements Year-to-date operating
statement Property address and
photographs Boston, New York City,
Washington D.C., Miami, Chicago, Los Angeles,
Orange County, San Diego, San Francisco. And any
of the following counties FL (Broward), NJ
(Bergen, Passaic, Hudson, Essex, Morris, Sussex,
Union, Warren), NY (Nassau, Suffolk), MD (Anne
Arundel, Baltimore, Carroll, Harford, Howard,
Queen Annes, Baltimore City), CA (Alameda,
Contra Costa, Santa Clara, Riverside, and San
Bernadino)
Eligible Properties Existing apartment
properties with 5 units, and limited mixed use
(HAP Contracts not permitted) Loan Size 500M
to 3MM, up to 5MM in select markets Pricing Ti
ered pricing based on LTV and DSCR Rate buy downs
available Location Nationwide Programs 5, 7 and
10 year balloons 25 and 30 year amortizations
2 year interest only structures available on
all maturities, with pricing adjustment Prepayment
Yield Maintenance No prepay penalty during the
last 90 days of term Personal
Guarantees Step-down recourse depending on
LTV Non-recourse in select markets
Minimum DSC 1.20 at 30 year amortization
Flexible historical DSC requirements Fees Fixed
at 3,500, due at Registration Borrower to pay
Title Insurance, Title Costs, Borrower Legal
and Survey, if applicable Origination fee
applies Loan-to-Value 80 LTV for purchase, rate
term refinance and cash out refinance Escrows
Real Estate Tax and Insurance escrows
required Rate Lock 30-day forward lock available
at U/W approval 2 deposit credited at
closing Occupancy Requirements No less than 90
for 90 days preceding closing Rent stabilization
holdbacks not allowed Title Requirements Title to
be ordered by LaSalle at borrowers cost
ACCESS PROGRAM
M U L T I F A M I L Y F I N A N C E O P T I O N
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FOR MORE INFORMATION CONTACT US AT
Investors Community Bank 860 N. Rapids Rd.,
Manitowoc, WI 54220 Phone [phone] Toll
Free 1-888-686-9998 www.investorscommunitybank.com
/capitalmarkets.html
Rate and terms are specific to each transaction.
This information is for discussion purposes only.