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Investment Property Rates
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Non Owner Occupied |
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Loan Amount |
Loan Amount |
Points |
Lock Days |
Max LTV |
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Fixed Rate Programs:
2-4 Units |
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30 Year Amortization |
$100,000 - $500,000 |
$500,000+ - to $2,500,000 |
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3 Year Balloon |
6.250% |
6.125% |
0.500% |
60 |
90%* |
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5 Year Balloon |
6.375% |
6.250% |
0.500% |
60 |
90%* |
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7 Year Balloon |
6.875% |
6.750% |
0.500% |
60 |
90%* |
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Adjustable Rate
Programs 2-4 Units |
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25 Year
Amortization |
$100,000 $500,000 |
$500,000+ - to $2,500,000 |
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3/1 Adjustable |
6.375% |
6.250% |
0.500% |
60 |
90%* |
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5/1 Adjustable |
6.500% |
6.375% |
0.500% |
60 |
90%* |
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7/1 Adjustable |
7.000% |
6.875% |
0.500% |
60 |
90%* |
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5-40 Units Multifamily
Residential |
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Loan Amount |
Loan Amount |
Points |
Lock Days |
Max LTV |
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Fixed Rate Programs:
5-40 Units |
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30 Year Amortization |
$100,000 - $500,000 |
$500,000+ - to $2,500,000 |
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3 Year Balloon |
6.625% |
6.500% |
0.500% |
60 |
80% |
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5 Year Balloon |
6.750% |
6.625% |
0.500% |
60 |
80% |
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7 Year Balloon |
7.250% |
7.125% |
0.500% |
60 |
80% |
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Adjustable
Rate Programs: 5-40 Units |
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25 Year
Amortization |
$100,000 $500,000 |
$500,000+ - to $2,500,000 |
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3/1 Adjustable |
6.750% |
6.625% |
0.500% |
60 |
80% |
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5/1 Adjustable |
6.875% |
6.750% |
0.500% |
60 |
80% |
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7/1 Adjustable |
7.375% |
7.250% |
0.500% |
60 |
80% |
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Equity Line of
Credit |
Prime +1 |
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1.000% |
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80% |
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Mixed Use Properties |
add 50 bps. to
multifamily rates |
1.000.% |
60 |
80% |
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Construction Loan |
Prime + 1 |
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1.250% |
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*Prime
Rate:
5.00% |
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* Add .25% to rate
and .50% to points for LTV > 80% |
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* Cash out refi-max
LTV > 80% |
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Prepayment Fee: |
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5yr. and 7 yr.
products - 3% (1st year), 2% (2nd year),. 1% (3rd year) |
Lincoln Park Savings Bank is an Equal Housing Lender
For more information on these and other programs,
call: 1-773-539-1704
Products and Rates are subject to change without notice.
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