Friday, March 8, 2013 - Article by: Winstonrowe - Winston Rowe & Associates -
Winston Rowe & Associates, a national no advance fee commercial real estate advisory and finance firm is pleased to announce one of the most aggressive apartment and multifamily finance solutions.
Unlike most multifamily and apartment finance firms, they have a streamlined process that makes it easy for commercial real estate investors clear the due diligence phase, then quickly move forward with underwriting. In many cases a transaction can be completed in 30 days.
Prospective clients can always speak to a principle at 248-246-2243 or email them at processing@winstonrowe.com or check them out online at http://www.winstonrowe.com
Apartment & Multifamily Finance Solutions:
Tier 1 Solution:
Their financing solutions are designed for high quality, stabilized & seasoned properties.
Rates starting at 3.70% (as of 12/1/2012)
Minimum $500,000
Maximum $ 10,000.000
Programs require a credit score of 700 or better.
Purchases require a 20% cash down payment
The loan to value for a refinance is 60%
Tier 2 Solution:
This is for non stabilized apartment and multifamily properties.
Bridge loan rates start at 8% interest only and are generally for 24 months.
Upon stabilization Winston Rowe & Associates has take out financing available.
The maximum loan to value is 60%.
For the purchase of a non stabilized property requires a 40% down payment.
Winston Rowe & Associates Advantage:
Savvy apartment building investors have been turning to Winston Rowe & Associates because of their private banking approach, Midwestern values and deep understanding of the apartment and multifamily vertical markets.
Winston Rowe & Associates has no upfront fee apartment building loan programs in the following states.
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, Wyoming
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