Capital Line Commercial Mortgage Multi-Family and Apartment
Complex Lender
Capital Line works with select banks and
institutional investors to serve communities across the country by originating
apartment / multifamily loans nationwide.
Capital Line provides a diverse innovative apartment
lending platform capable of providing Apartment Complex Financing from
$500,000 to $5 million dollars; a lending platform sufficiently
advanced to provide financing for apartment loans of $5 million to
$10 million, and amounts of $25 million to $50+ million.
Capital Line has developed a wide array of excellent
lenders and banking institutions of financial strength and a willingness to
lend.
Capital Line is blessed to be backed by a staff
of seasoned, experienced professionals. These factors enable Capital Line to
provide a low cost, one-stop solution for apartment
loans and commercial property loans.
A second trust that is collateralized by the borrower’s property allowing the proceeds to be used
to close on a new property before the present property is sold.
Bridge Loans are a form of Interim Loan, which are generally made between a short-term loan and a
permanent (long-term) loan, when the borrower needs to have more time before taking the long-term financing. For
our purposes, this is not a mortgage but a short
term financing instrument.
Property Type(s) :
Loan Minimum:
$1,000,000
Loan-to-Value:
75% (80% Loan to Cost)
DSCR:
1.0-1:25
Recourse:
Dependent upon the terms of loan
Fixed Rate Period:
Floating, 6 month, or 1-3 years
Term:
1-3 years
Amortization:
30 years
Pre-Payment Penalty:
Flexible Terms
Interest Only:
Available
Special Programs:
Rehabilitation, Repositioning, Workouts
Conduit Financing
A conduit is a financial intermediary that sponsors the conduit between the lender(s) originating loans and the
ultimate investor. The conduit makes or purchases loans form third party correspondents under standardized terms,
underwriting and documents and then, when sufficient volume has been obtained, pools the loans for sale to
investors in the CBMS (Commercial Mortgage Backed Securities) markets
Property Type(s) :
Loan Minimum:
$1,000,000
Loan-to-Value:
80% (85% with Mezzanine Note)
DSCR:
1:20-1:25
Recourse:
None
Fixed Rate Period:
5, 7, or 10 Years
Term:
5, 7, or 10 years
Amortization:
30 Years
Pre-Payment Penalty:
Defeasance or Yield Maintenance
Interest Only:
Available
Special Programs:
N/A
Conventional Financing
A Conventional mortgage loan is any loan other than a VA or an FHA loan. It is a Non-Government
Loan. This loan requires standard financing on most traditional loan requests.
Property Type(s) :
Loan Minimum:
$1,000,000
Loan-to-Value:
75%
DSCR:
1:20
Recourse:
( Full) (Partial at lower LTVs)
Fixed Rate Period:
Floating, 6 month, 3, 5, 7, 10, 20, 30)
Term:
5-30 Years
Amortization:
30-40 Years
Pre-Payment Penalty:
Declining Balance
Interest Only:
Available depending upon program
Special Programs:
N/A
Definitions
Bridge
Loan
Short-Term financing typically utilized for
the rehabilitation or repositioning of properties.
Conduit Loan
Non-recourse financing for higher grade
collateral with a strong operating history.