DIRECT PRIVATE LENDER - Questions about broker partnership?
Get in touch with our team at (949) 229 5155 or brokersupport@EBSC-Lending.com
Multi
Family.
A "Multifamily-Bridge loan" loan is a short-term loan used to purchase or refinance a 5+ unit apartment complex. We provide the financing solution so that you can enjoy the residual income, cash flow, and future appreciation that comes with owning an apartment complex.
Standard Loan Terms
​
Use: Purchase, refinance, cash-out, construction, renovation.
Loan Amount: $10,000,000 - $100,000,000
Max LTV (Loan to Value): 85%
Rate: Starting at 9.39%
Term of loan: 6 - 60 months
Payments: Monthly Interest Payments with Balloon at Maturity
Prepayment penalty: No prepayment penalty.
Standard Closing Costs
​
Origination Fee: 1-2%
​
Underwriting Fee: $1,500
​
Legal: $750 – $1,500
Appraisal Fee: $500-$950
​
Title Insurance and recording fees: 1%
(Approximate)
Standard Closing Time.
10 - 20 days.
​
EBSC Lending is a direct lender and does not rely on other institutions to close the loans. Once the title work and appraisal are ready, We will be too!
