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The Multi-Family program
is designed for apartment and mobile home parks,
The
loan size ranges approximates from $600,000 - $20,000,000,
The
terms are fixed for 5 to 15 years or adjustable for 5 to 30 years,
The
Loan to Value (LTV) is a 75% maximum,
The Minimum Debt Service Coverage: 1.20:1 (multifamily) 1.25:1 (mobile
home parks),
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