Page 4 - THIF Annual Report
P. 4
Loan Products
Permanent Construction Revolving Lines
Financing Loans Loans of Credit
Loan Uses For multifamily For new construction Construction or
properties and and rehabilitation rehabilitation of
single-family rental developments. affordable for-sale
portfolios requiring single-family homes.
long-term financing. Gap or bridge
financing on larger Funds can be drawn
Gap financing on developments. down or reused on
larger developments. multiple units during
loan term.
Loan Amount Up to $3 Million Up to $2 Million Up to $1 Million
and Terms 5 to 15 Year Agreement 24 Month Agreement 24 Month Agreement
Fixed Interest Rate
Fixed Interest Rate
Fixed Interest Rate