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The Lake Forest Leader 040518
The Lake Forest Leader 040518
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LakeForestLeader.com Lake Forest<br />
the lake forest leader | April 5, 2018 | 5<br />
Multifamily andApartmentBuilding Loans<br />
If youare buying asingleapartment or condobuilding,<br />
or buildingaportfolio of multifamilyrentalproperties,<br />
we arethe bank partneryou’vebeenlooking for.<br />
LOAN TERMS:<br />
AMORTIZATION:<br />
INTEREST ONLY:<br />
ELIGIBLE PROPERTIES :<br />
LOAN AMOUNTS:<br />
LOAN PURPOSE:<br />
DEBT SERVICE COVERAGE<br />
MAXIMUM LTV<br />
RECOURSE<br />
Six Different Loan Products with maturities<br />
from 5-20 years.<br />
Up to 30 years<br />
Partial interest-only .Full-term interest-only<br />
maybe available<br />
Conventional multifamily housing<br />
$1 million -$7.5 million<br />
Acquisition or Refinance (Up to 100% Cash Out<br />
Available)<br />
1.20x Minimum Required<br />
80% available in Top and Stardard Markets<br />
Non-recourse with standard carve-out<br />
provisions<br />
George Dakis<br />
Vice President, NMLS# 1637496<br />
direct: (312) 219-9720<br />
Celestina Kwiecien<br />
Personal Banker<br />
direct: (847) 234-8484<br />
Now Hiring Loan Originators!<br />
Bernie Miller<br />
Fmr. U.S. Army Captain<br />
Executive Vice President, NMLS# 210808<br />
direct: (312) 738-6262<br />
Bruce Lohman<br />
Regional Senior Vice President<br />
direct: (312) 961-3502<br />
/thefederalsavingsbank<br />
/thefedsavbank<br />
664N.Western Avenue, Lake Forest,IL60045<br />
Copyright 2018 ©The Federal Savings Bank | All rights reserved | TheFederalSavingsBank.com | Co. NMLS# 411500<br />
Terms and conditions may vary. Subject tounderwriting approval.