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New York
Multi-Family
Property Loans
Blackstone has vast experience providing jumbo loans
and super jumbo mortgages for New York Multi-Family
Properties. We are registered New York mortgage
brokers who maintain relationships with dozens of
commercial lending sources in order to provide you
with the financing options you require. Our lenders
offer multiple options, including but not limited
to:
New York
Conventional Fixed-Rate Loans
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As much as 85% loan-to-value on
acquisitions, and up to 80% on
refinances |
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5, 10,15,20,25, and 30-year
amortization terms |
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Determination of rates is
usually based upon a spread over
the corresponding United States
Treasury bills |
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Choose between self-amortizing
or balloon financing |
Fannie Mae and Freddie Mac Loans
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Home loans starting at $500,000 |
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Jumbo loan From $3 to $20
million for senior housing
facilities |
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Terms of 5,7,10,15,20,25, and 30
years available |
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Maximum loan-to-value for senior
housing is 75%; 80% for
multi-family dwellings |
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Amortization terms are 25 years
for senior housing, and 30 years
for multi-family |
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Negotiated Transaction Programs
for super jumbo loans of loans
of $50 million or more allow
rates and terms to be negotiated
with quality debt-service
coverage, as well as low
leverage on single-asset and
multi-property portfolios |
FHA-HUD Loans
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The maximum loan-to-value for
multi-family projects is 85%.
For-profit healthcare facilities
are offered at 85-90%, and
non-profit at 90-95% |
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Terms are 35 years for existing
projects, 40% for new |
The New York Commercial Real Estate Lenders at Blackstone
Mortgage Corp. are waiting for your call. They look
forward to serving all of your home loan needs, from
30 year home mortgages to jumbo loans to super jumbo
loans. To contact a Blackstone representative in
your area, please call us at 1-866-879-1100 or apply
now for one of residential or commercial mortgage
programs.
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