Financing Structures

Loan assumptions offer an alternative to refinancing when property values have declined.

Lenders structure recourse as negotiable spectrum, not binary choice.

Caps protect lenders by capping what borrowers pay when rates rise.

Ownership versus creditor status determines enforcement speed and balance sheet impact.

Lenders judge bridge loans by exit credibility, not just the asset or rate.

Each lender sets its own DSCR floor, and picking the wrong one wastes weeks of underwriting.