Diversified Mortgage FundsĀ
Boston Capital Finance (BCF) was founded in 1994 and currently provides both construction and permanent financing on properties that have or will obtain low-income housing tax credits. BCF has closed over $3.2 billion of affordable bonds and loans and is a full service boutique affordable mortgage firm.
4% and 9% Affordable Financing
- Construction Term: Up to 36 Months
- Permanent Term: Up to 17 years
- Size: $5 mil – $100 mil
- Construction Amortization: Interest only
- Permanent Amortization: 40-Years
- Loan to Value: 90%
- DSCR: 1.15%
- MSA: 100,000 or greater
- Subordinate Loan: Permitted with intercreditor agreement
- Fees: Call to inquire
- Rates: Call to inquire