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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:
Chelsi Hadley
Multi-Family Department
505 East 200 South, Salt Lake City, UT 84102
Direct: 801-366-2244
Fax: 801-533-9271
E-mail Chelsi
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