Commercial Program Matrix

Nova Financial can provide financing to meet a variety of needs - from acquisition or construction to refinancing or renovation. However simple or complex, every project we take on is executed with efficiency and diligence

 

Multi-Family Properties
 

Nova Financial provides multifamily loan financings for properties ranging from $500,000 to $5 million. We finance multifamily loans throughout the US, and specialize in both purchase and refinance transactions. Properties may be new or existing, to-be-built or in need of substantial rehabilitation, and either a single building or multiple - building complex. Buildings can be high rise, low rise or garden-types. Rent may be at market or subsidized

Advantages of Nova Financial multifamily loan finance program include:

• Multifamily loan LTV’s up to 85%
• Loan terms up to 30 years
• Flexible multifamily loan amortization rates
• Potential for non-recourse multifamily loans
• Low/no pre-pay penalties
• Financing for mixed-use properties
• Potential for assumable financing