loan fee description and whether the fee point percentage amount will apply to the loan amount as entered or the base loan amount (loan amount less MIP premium financed-FHA loans only). Loan fee types consist of borrower/seller points and borrower/seller discount points. Generally discount points are utilized in FHA/VA transactions only.
Normandy, along with co-investor Drake Street Partners, scooped up a $75 million loan from Deutsche Bank to refinance the former printing plant they’re redeveloping at 47-11 Austell Place.
Drake Street Partners – Diversified on Realgraph. Join Log In. Explore Realgraph. Explore;. Normandy and Keystone lock in purchase, construction loan at LIC site Source: The Real Deal New York. Normandy, Drake Street refi LIC warehouse-to-office conversion with $75M Deutsche loan Source: The.
Normandy, Keystone And Drake Street Secure $81M Loan For L.I.C. Development.. The loan provided by Deutsche Bank was brokered by NKF capital markets vice chairmen and co-heads, debt and structured finance, Dustin Stolly and Jordan Roeschlaub.. Long Island City has nearly 11,500 new.
Construction financing is also available (see appropriate construction loan link above for more information). The Normandy Advantage. Loan amounts from $35,000 to $1,000,000 ; Loan amounts up to 75% of the purchase price in improved subdivisions, where construction will begin immediately after acquisition, otherwise up to 65% loan to value.
Refi the property through a conventional 30 year loan. Will a bank recognize owner finance and treat the property as if it is mine? The goal would be to refi without the 20% down since my LTV would be less than 80%.
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