Featured Apartment Loans
Purchase - 65% LTV Refinance - 60% LTV
$500,000 to $10,000,000
Fixed Rate
3 to 10 Years - 30 Year Amortization
Adjustable Rate
Libor ARM 30/30
CCC originates permanent loans for Multi-Family, Commercial, & Industrial real estate projects. Loan purpose can be Acquisition, Refinance or Construction of qualifying income producing real estate with a threshold value from $500 thousand to $50 Million.
Current interest rates start in the low 4% range for adjustable rate mortgages and from the low 5% range for fixed rate loans. Adjustable rate loans may be paid off without penalty after a "seasoning" period. Fixd rate loans may be paid off at any time after the fixed rate period without penalty.
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Due on Sale Clause
Forward Commitment
Mezzanine Financing
Origination Fees
Prepayment Penalty
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