What are small balance loans?
Small Balance Loans are designed specifically for smaller multifamily properties. Interest rates are set by Freddie Mac and are highly competitive. The debt is secured by the property, so personal guarantees are not required. You can typically borrow up to 80 percent of the property’s value.
Does CBRE do Lending?
CBRE’s Small Balance Lending group provides financing solutions for multifamily and owner-occupied commercial properties with loan amounts available in the $1 million to $10 million range. Our seasoned management team has extensive experience in private capital lending.
Can a foreigner get a mortgage in Slovakia?
Q: Do I need to have permanent residence in Slovakia in order to be eligible for a bank loan from a Slovak bank? A: No, banks provide mortgage loans also to foreigners who do not have permanent residence in Slovakia. Some banks, however, might require a confirmation of income from a company based in Slovakia.