NEW YORK MULTIFAMILY LENDING
LOAN PROGRAMS
Chase Commercial Term Lending is a portfolio lender with a Fannie Mae DUS license®. Providing clients with term financing solutions from $500,000 to $25 million+ when purchasing or refinancing an apartment building with five or more units. Offering both fixed and adjustable rate loan programs and up to 30-year terms and 30-year amortization**.
Based on your rate outlook and cash flow needs, our array of fixed and adjustable rate loan programs with flexible prepayment options are designed to get your deals done.
Hybrid
Fixed rate for 3, 5, 7 and 10-years, then converts to adjustable rate (6-month LIBOR or 12-MTA* for remaining term).
ARMs
6-month LIBOR or 12-MTA with term and amortization up to 30-years**.
Fixed
15-year fixed rate (15-year term and 15-year amortization**).
Flexible Prepayment Options
Stepdown and yield maintenance options available and vary by loan program.
**subject to underwriting criteria and property type
Chad's Corner
Check out Chad Tredway’s article, Want to Buy a Building? Three Reasons to Think Long Term, in the Commercial Observer.
please contact us or call your Client Manager.
1-877-344-3080 For Loan Inquiries Call: New Loans:
1-866-862-9232
COMMITTED TO YOUR LONG TERM SUCCESS.
Chase is here to help you grow your multifamily portfolio long beyond today. We’ve shown a commitment to the apartment lending industry through all real estate and economic cycles. And we will continue to be here to help you create and preserve wealth over time.
SPEED - Standardized documents and a streamlined process help you close quickly
LOW FEES – Low cost apartment loans, including no appraisal fees in most markets
LOCAL EXPERTISE – Our multifamily lending experts know the New York market