Desert Empire Mortgage
Scott Simmons
(760) 831-0044

Small Apartment Loans

Loans for less than $1,000,000 for
Small Apartment Buildings
5 Units and up

subject to debt service and property and borrower qualification

70 - 75% Loan to value
seller carryback 2nds may be acceptable
3, 5, or 7 year fixed rates
30 year amortization and term
no balloon payments

loan amounts for this program from $200,000 to $1 M

contact me, Scott Simmons, for more information

Debt Service:  
The ability of a properties income 
to pay the monthly mortgage payments, 
( service the debt ).