949-245-5000
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Ruby Reds Home Loans

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Call Us at 949-245-5000

Multifamily Loans

Do you want to acquire a small apartment complex? RUBY REDS HOME LOANS Multifamily is a non-bank multifamily bridge lender. Its unique positioning and strategic, vertical approach, provides fast and efficient financing to value-add multifamily clients, putting RUBY REDS HOME LOANS on track to quickly become a leader in the non-bank multifamily bridge space.

CALL (949) 245-5000

1 YEAR

80% LTC

PRE-PAYMENT PENALTY:
NO MINIMUM INTEREST

2 YEAR

80% LTC

PRE-PAYMENT PENALTY:
8 MONTHS MINIMUM INTEREST

3 YEAR

80% LTC

PRE-PAYMENT PENALTY:
12 MONTHS MINIMUM INTEREST

 

INSTITUTIONAL CAPITAL

FULL SERVICE, INFRASTRUCTURE

VERTICAL INTEGRATION

GUIDELINES

  • Non-bank bridge lender
  • 5-100 Units
  • $500k-$10MM Loan Amount
  • Max LTC  80%
  • Max LTV  75%
  • Quick closings 5-20 days
  • Risk adjusted fixed rate pricing
  • Pro forma underwriting
  • 1, 2, 3, Year Terms
  • Interest Only Payments
  • DSCR underwritten up to 80%, LTV max 75% stabilized call for detail
  • Processing fee and Expense Deposit call for detail
  • Reserves 6 months interest + 100% of Rehab Budget
  • Prepayment, Assumable, Recourse, Borrowing Entity
  • Call for the above details