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Multifamily & Commercial Loans:
Multifamily Loans
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.
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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.
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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.
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Bridge Loans Short term loans for turnaround situations. Earn-outs and interest reserves can be built into the loan until the property reaches stabilization.
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Conversion Loans Converting an old office or industrial building into loft apartments, ProMortgage can locate the rehab money and the permanent money for these types of projects.
Commercial Loans
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Shopping Centers - Anchored or non-anchored centers.
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Retail Stores - Short-term leases and "mom and pop" tenants can be accommodated.
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Power Centers - Big Box users
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Office Buildings - All types from small professional buildings to high rise office buildings.
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Single Tenant - Whether it is a credit tenant or not, Viva Financial has the sources to fund you loan.
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Hotels - From small independent motels to large flagged or chain hotels.
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Mixed Use - Office over retail or apartments over retail - it does not matter. Viva Financial has the lenders that want to fund these types of properties.
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Special Purpose - Typically, lenders have trouble with special purpose properties; however, at Viva Financial we can finance all types of single purpose properties. Viva Financial has funded many properties that are normally difficult to finance.
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Industrial - Old and new, single-tenant, multi-tenant, or owner-user loans are available. |
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