New Commercial Mortgage Loan – Funds Immediately Available for the Purchase and Refi of Apartment Buildings

It’s tough out there but MasterPlan Capital is still in the game. In-fact We’ve recently rolled out a brand new mortgage program for the purchase and refinance of apartment buildings. The new loan is a 3 year adjustable rate mortgage (ARM) with a rate that’s fixed for 3 years, has an amortization of 25 years and is due and payable in 10 years. After the fixed period, the rate adjusts only every 3 years (as opposed to every 3 months as many ARMs do) giving investors a measure of stability and the relatively short fixed period allows us to offer very reasonable starting rates. Plus the 25 year amortization makes for a nice low mortgage payment. We have funds immediately available to lend up to a 75% loan-to-value ratio (LTV). Borrowers and sponsors can apply online using our simple, 1 page commercial mortgage loan application and will receive prompt, professional service.

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