Unique & authentic “UniBank” loan product that can help those in need during their financially difficult times.
It's a great opportunity to build strong new banking relationships.
- For 5 to 20 unit Multi-Family properties only
- For Refinances Only
- Borrower MUST be a legal U.S. Entity
- Washington, Oregon and California Market only
- Will process, underwrite and originate loans all “ in-house”
3/3 Multi Refi product
- 3-year maturity with 3 years of DSC reserves1
- Will be for both Straight Refi and Cash-Out Refi
- Lower Interest Rate than 3/2 Multi Ref
3/2 Multi Refi product
- 3-year maturity with 2 years of DSC reserves1
- Borrower is required to reserve 3rd year DSC reserve1 during first 2 years
- Will be for both Straight Refi and Cash-Out Refi
- Higher Interest Rate than 3/3 Multi Refi
- Mostly for those with lee/ limited liquidity available
1DSC Reserves are “ funds needed to meet 1.35 DSC” ( NOT full 3 years P & I payments)