Fixed Rate Loans
Fixed Rate Loans
Edgewood Capital offers fixed-rate loans for stabilized assets nationwide. Primarily designed for multifamily and industrial properties, these interest-only loans feature fixed coupons starting at 6.5% for 3 to 5 year terms. Hospitality and retail assets will also be considered on a select basis. Our fixed-rate loans have shorter terms and more flexible prepayment options than CMBS or Life Co deals. This allows our borrower to manage their interest rate risk while preserving their ability to sell or refinance when the time is right for them. To submit a fixed-rate loan request, please contact us by phone or email, or by clicking below to request a call back from one of our professionals.
As a direct bridge loan lender, Edgewood originates, holds, and services all of its loans, providing borrowers with high-quality customer service and surety of execution. To submit a bridge loan request, please contact us by phone or email, or by clicking below to request a call back from one of our professionals.
Property Locations | Nationwide |
Property Types | Primarily Class B or Better Multifamily, Industrial, SelfStorage; Hotels and Retail Considered on Select Basis |
Security | First Mortgages |
Loan Size | $10 - $40 Million |
Term | Three to Five Years |
Advance Rate | Up to 74.9% LTV |
Interest Rate | Fixed Starting at 6.5%, full term I/O |
Origination Fee | 1% of the Loan Amount |
Recourse | Non-Recourse with Standard Carve-Outs |
Prepayment | 3 Year Term: 18 months minimum interest, 1% exit thereafter 5 Year Term: 36 months minimum interest, 1% exit thereafter |
Closing | 60 Days |
Other Conditions | Minimum DY of 8.50%, 0.95x DSCR at Coupon rate w/ 25 yr. Amortization |
Ready to make your move?
Request a quote or download our fixed-rate loan guidelines to make an informed decision.