Bristol Capital Group specializes in multifamily loans. We pride in our ability to pay off underlying bank loans, Conduit loans, life insurance loans and existing agency loans funding with new long term, fixed rate low interest mortgages. We steer our clients through the multifamily loan process and are extremely hands-on. Multifamily loans can be funded within 60 days.
Multifamily Loan Program Highlights
Get a Quick Quote Now- Term: 5 – 30 Year Fixed Rate – 10 Year Rate Currently +/- 4.5%
- Amortization: Typically 25 – 30 Year
- Debt Service Coverage: 1.25
- Fee to Lender: 1 Point including Bristol Fee
- Third Party Reports: Appraisal, Environmental, Property Condition
Call or email Paul J. Meyer to Discuss Your Loan: (248) 515-0226
The following is requested to size a Multifamily Loan:
- Current Rent Roll (85% occupancy required)
- Trailing 12-Month Rent Collections
- 3 Years Historical Operating Statements (Income and Expenses)
- Current Year-to-date Operating Statement
- Description of Property – Location, Number of Units, Year Built, Amenities, etc.
- Property Brochure/Photos
- Underlying Mortgage Balance
- Loan Request
Please forward requested information electronically via email or send to:
Bristol Capital Group
400 W. Maple Road, Suite 175
Birmingham, Michigan 48009
248.203.1384 - Office
248.203.1397 - Fax
