Template.net logo Create a flyer for DH Commercial Lending Daren Hayden (817)368-4334 NEW CONSTRUCTION PROGRAM ●Multifamily ● One loan, One Closing for BOTH Construction and Permanent. Closing Costs paid for only One Loan, not two. ●40 Year Fixed (No Mortgage Payments required during the construction period) ●Interest Rate on 04/17/26 = 5.68% ●A fixed interest rate for the full 40-year term. No balloons. No interest rate hikes. Ever. ●Up to 87% of Hard & Soft Costs for Multifamily, 90% for Middle Income & Affordable Multifamily ●DSCR = 1.15 or better market rate, 1.11 for middle income & affordable properties ●Lower Equity Requirements - Equity requirements start at 13% of eligible development costs, 10% for middle income & affordable properties. ●Land Value/Equity counts toward the Equity Requirement (in most cases) which is typically 13%, 10% for middle income & affordable. ●Non-Recourse – means No personal Guarantees, No Personal Tax Returns required. ●Assumable ●Typical timeframe to close 9-11 months ●No Legal Lending Limit Rates, quotes, points, fees and programs are subject to change at anytime without notice. Programs may not be combined. Certain conditions apply to all programs. Each loan is different & the above are best-case scenarios. This is a commercial loan program ONLY. No loans are offered to individuals, only businesses. Loans may not be available in all areas or states. Call for details. Mehr sehen