Refinance Loan Parameters


This product is designed for investors seeking a simple financing solution for purchase, rate-term refinance or cash- out refinance. This product gives you the flexibility to remain in the loan for up to 30 years.

Legacy believes in making sure you have all the data possible to make informed decisions about your properties. Please find our key lending terms below.

General Guidelines


  • Loan Purpose: Rate-Term Refinance, Cash-Out Refinance
  • Property Types: Multifamily 5+ units, for example: Condos, Apartment Buildings, Dormitories/Group Quarters
  • Loan Amounts: $75K – $30M
  • Credit Score 650 Minimum (Mid FICO)
  • Term/Amortization: 3,5,7,10,12,15, 20 and 30-year/ 30-year fully amortized loan

General Guidelines


  • Lending Locations: California & Nevada
  • 75% LTV
  • CLTV: 80% Maximum CLTV
  • Foreign Investors: 65% Maximum LTV

For any questions or needs that you have that are not addressed within these lending terms, please contact us by phone or email or call (702)-680-0832, ask for Davy Registe.