621 Columbia Street
Cohoes, NY 12047

Voice: (518) 785-9000
Fax:    (518) 220-9448
SMALL LOAN PROGRAM
 PARAGON DIRECT

Eligible Properties
  • Purchase or refinance of existing apartment properties with 5+ units
  • Mixed use acceptable
Loan Size
  • $100 thousand to $1.5 million
 Program
Highly competitive with a wide array of rate plans including:
  • 3, 5, 7 and 10 year fixed terms
  • 15 year fixed rate, fully amortizing
Prepayment
  • Fixed declining (no yield maintenance or defeasance)
Personal Guarantees
  • Required
Amortization
  • Up to 30 years
 Loan-to-Value
  • Up to 80%
Rate Lock
  • 60-day forward rate lock available


Fixed Loan Processing Fee of $3,775.00 Includes:
  • Appraisal
  • Property Inspection
  • Processing Fees
  • Flood Certification
  • Environmental Screening
  • Credit Report
  • Bank Legal

    Other terms and conditions apply
















Other Small Loan Programs:
  • Office
  • Warehouse
  • Retail
  • Self Storage
  • Hotels
  • Motels




Contact a Paragon Prime Funding representative for details.
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