Fixed-Rate Loan
(e.g., LIHTC Year 4-10 and 11-15, Section 8) Loans. Loans may be used for acquisition or refinance Terms 5- to 10-year terms (up to 30 years if loan is not purchased for securitization) Amount Generally, $5 million to $100 million (larger and smaller loans will be considered) Maximum Amortization 30 years Amortization Calculations ................
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