Paul Schectman at Viva Financial offers a variety of loans for apartments with five units or more. Whether it's a small property or a large complex with several hundred units, Viva Financial has the ability to place the loans with the rates and terms that best fit the borrower's needs.
Permanent Loans Fully amortized 30-year loans on Adjustable Rate Programs. Loans may be tied to a variety of different indices from 11th District Cost of Funds, MTA, CMT, or the 6-month LIBOR.
Fixed Rate Loans with terms of 3, 5, 7, 10, or 15 years with 30-year amortizations. Some programs are available that roll to an adjustable loan at the end of the fixed rate period.
Bridge Loans Short term loans for turnaround situations. Earn-outs and interest reserves can be built into the loan until the property reaches stabilization.
Conversion Loans Converting an old office or industrial building into loft apartments, Viva Financial can locate the rehab money and the permanent money for these types of projects.
Contact Paul Schectman at Viva Financial to review your multifamily, and apartment building mortgage loan options.
Viva Financial - CA DRE License 01359758
100 Shoreline Hwy., Ste. 115, Mill Valley, CA 94941
