\ Washington Federal Savings

Arizona Income Property Financing

Portfolio Financing to Meet Your Needs.

Trust Washington Federal to work with you to find the loan program that best meets your investment needs:

  • Refinance with cash out up to 75% LTV.
  • Tax-assessed value can be used for loans up to $250,000 with 70% LTV or lower.
  • Assumable loans to a bank-qualified borrower.
  • Mixed-use property financing requires a minimum of 75% of rental income derived from apartment rentals.
  • Financing for manufactured housing properties requires a minimum 75% of the development be comprised of double-wide units.
  • Loan amounts determined by debt service ratio (1.20 minimum coverage required).
  • Reasonable pre-payment penalties; soft pre-pays available.
  • Several loan options available:  Interest-only, zero points, or no prepayment penalty.

For more information, contact:

Multi-Family Department
8120 N. Hayden Rd., Ste E-106
Scottsdale, AZ  85258

Lynnelle Yatckoske
Multi-Family Manager
Direct:  480-368-2723
Fax:  480-368-2743
Mobile:  602-679-7032
E-mail Lynnelle

 



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