| FNMA Small Apartment Loans Chicagos $750,000 to $5,000,000 Kendall Realty Advisors - Chicago, IL |
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FNMA Small Apartment Loan Program Chicago
and listed cities
Loan Amounts: $750,000-$5,000,000
Baltimore, Boston, Chicago, Los Angeles, New York City, San Diego,San
Francisco, San Jose (CA), Sacramento, Seattle, and Washington
Fixed Rate Balloon Loans: 5, 7, 10 and 15 year loan terms with up to 30
year amortization terms
Fully Amortizing Loans: up to 30 year terms
Pricing based upon Loan to Value and Debt Service Coverage
Maximum Loan to Value: 75%
Minimum Debt Service Coverage Ratio: 1.25x
Loan Application (all Reports and Legal $4,500 Chicago Only) $8,500 other Cities
Rates 2.40% to 2.80% over 10 year treasury rate - fixed for ten years
Fees: 1%
Scott and Charles Kendall have been financing apartments on a national basis
and serving Chicago clients since 1984.
Charles has owned several lending companies and served on ULI Multifamily
panels. Scott formally worked in the multifamily lending department at Fannie Mae
Chicago and with several national lending firms.
LOAN REQUEST CHECKLIST
For more details and for Rate updates go to:Small Apartment Loan Blog
Scott Kendall
Chief Executive Officer
312 Florence Avenue
Evanston, IL 60202
(847) 903-7578
scott@kendallrealtyadvisors.com
Charles Kendall
President
3217 West Bryn Mawr
Chicago, IL 60659
(773) 259-7074
ckendall@kendallrealtyadvisors.com
KEYWORDS: Small apartment Loan Chicago, Apartment Lender IL Small apartment purchase loan,
small apartment refinance, fixed rate, non-recourse Baltimore, Boston, Chicago, Los Angeles,
New York City, San Diego,San Francisco, San Jose (CA), Sacramento, Seattle, and
Washington
and listed cities
Loan Amounts: $750,000-$5,000,000
Baltimore, Boston, Chicago, Los Angeles, New York City, San Diego,San
Francisco, San Jose (CA), Sacramento, Seattle, and Washington
Fixed Rate Balloon Loans: 5, 7, 10 and 15 year loan terms with up to 30
year amortization terms
Fully Amortizing Loans: up to 30 year terms
Pricing based upon Loan to Value and Debt Service Coverage
Maximum Loan to Value: 75%
Minimum Debt Service Coverage Ratio: 1.25x
Loan Application (all Reports and Legal $4,500 Chicago Only) $8,500 other Cities
Rates 2.40% to 2.80% over 10 year treasury rate - fixed for ten years
Fees: 1%
Scott and Charles Kendall have been financing apartments on a national basis
and serving Chicago clients since 1984.
Charles has owned several lending companies and served on ULI Multifamily
panels. Scott formally worked in the multifamily lending department at Fannie Mae
Chicago and with several national lending firms.
LOAN REQUEST CHECKLIST
For more details and for Rate updates go to:Small Apartment Loan Blog
Scott Kendall
Chief Executive Officer
312 Florence Avenue
Evanston, IL 60202
(847) 903-7578
scott@kendallrealtyadvisors.com
Charles Kendall
President
3217 West Bryn Mawr
Chicago, IL 60659
(773) 259-7074
ckendall@kendallrealtyadvisors.com
KEYWORDS: Small apartment Loan Chicago, Apartment Lender IL Small apartment purchase loan,
small apartment refinance, fixed rate, non-recourse Baltimore, Boston, Chicago, Los Angeles,
New York City, San Diego,San Francisco, San Jose (CA), Sacramento, Seattle, and
Washington
