Dallas, Texas: Private Capital Investors, the leading advisor in the commercial loans sector, today announced the launch of its special small balance multifamily loan program.

The $1 to $6 million nationwide loan program ($6-$7.5 million in top and standard markets) offers an amortization tenure of 30 years, making it ideal for long-term investments. The relaxed eligibility criteria that need only a minimum FICO score of 650 means that anyone with net worth equal or exceeding the loan amount can successfully apply for the loan.
The housing eligibility criteria are quite uncomplicated with a minimum requirement of only 5 residential units in the multifamily housing and a minimum occupancy of 90% for 90 days prior to underwriting of the loan.

With interest rates at their historic lows and likely to continue remaining so, the small balance loan program offers an ideal investment opportunity for any smart investor. This is more so considering that the borrower can opt to have a 5, 7 or 10 year fixed interest tenure, and hybrid ARMs.

The loan program offers partial and full-term interest-only choices in addition to cash out options. The customer-centric features of the loan make it ideal for investors who want to take advantage of the easy repayment options and low interest to build up their real estate holdings or grow their business. The option for investors to use the funds to meet any financial objective makes the Special Multifamily Loan Program a very feasible way to aggregate funds for business use.

Private Capital Investors offer customers an easy documentation process. Those opting for the program have to submit only 5 documents, rent roll, the recent 12-month income/expense statement, a personal finance statement, name of guarantor with bio and net worth, and details of the property such as name, address, unique characteristics.

Private Capital Investors has been one of the leading advisors in the commercial loans sector for some time now. The Small Balance Loan Program is a continuation of its efforts to monetize the value of real estate assets that had hitherto been underutilized and bring liquidity to where it is needed.

The allotted funds help in the overall growth of the local economy by creating jobs and infusing capital in places where larger banks and financial institutions are unable to reach. The overall effect cascades into long-term growth for the economy as a whole.

For more information on the Multifamily Small Balance Loan Program, please contact Keith Thomas, Managing Partner of Private Capital Investors at [email protected] or call him at (972) 865-6205.

About Private Capital Investors:

Established in 2001, Private Capital Investors is a full-service commercial placement advisor for Stated Income Loans, Hard Money/Bridge Loans from correspondent Life Insurance Companies, CMBS and Pension Funds. Some of its most recent closings have been for the purchase of a retail shopping center in Newcastle, PA for over $2.6 million, a multifamily warehouse conversion for purchase in Amarillo, TX for $2.2 million, and refinancing of a boutique motel in Bethany Beach, DE for $1.3 million. The company is headquartered in Dallas, TX.