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[ Standard Program ] [ Small Multifamily Loan Program ] [ Small Commercial Loan Program ] [ New York Area Properties ] [ Non-Traditional Financing ]
In addition to the typical fixed-rate, non-recourse financing options,
CFG has the ability to arrange loans for projects that do not fit the criteria for
permanent financing. A brief summary of the non-traditional loan programs CFG offers
follows:
1. HUD Mortgages
For Multifamily, Assisted Living Facilities or Hospitals
Refinance, renovation or construction loans
Loans starting at $2 million, with no maximum
All loans are fully-amortizing (35 years for refinance, 40 years for
renovation or construction)
2. Hard Money
For borrowers with immediate financing needs or hard-to-do properties
Loans starting at $100,000
Closings within a few days or weeks of application
3. Bridge or Mezzanine Loans
For borrowers with short-term capital requirements
Bridge loans start at $2 million, and carry generally 3-5 year terms
Mezzanine loans from $250,000+
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