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American Mortgage Acceptance Company

American Mortgage Acceptance Company is a real estate investment trust that specializes in first mortgages, mezzanine, and bridge financing for real estate developers and owners.  They are headquartered in New York and are licensed to work throughout the entire United States.  Fifty two percent of their business comes from Texas, California, and Washington D.C.

Loans Funded by American Mortgage Acceptance Company

  • Acquisition/Rehab Bridge Lending—This loan is available for multifamily, retail, medical office, and industrial properties.  It’s interest rate is indexed according to a 30 day LIBOR.  This loan generally is lent in amounts from $2 million to $75 million at 90% of the home’s value.
  • Fixed Rate First Mortgage—This loan is available for multifamily, retail, medical office, and industrial properties.  It comes with a fixed interest rate, and comes with a term of five to ten years.  This loan lends for $2 million to$75 million for single assets and $100 million for portfolios.  This loan requires a 10% down payment.
  • Fixed Rate Mezzanine Lending—The Fixed Rate Mezzanine Loan is available for multifamily, retail, office, medical office, and industrial properties.  It’s term is generally from five to ten years, but it can

    be longer if necessary.  It comes with a fixed interest rate, and can be in amounts from $2 million to $30 million for single assets.  This loan requires a 10% down payment,

  • Floating Rate Mezzanine Lending—This loan is available for the following properties: multifamily, office, medical office, industrial, retail, condominiums, stable or repositioning assets, and new construction.  This loan comes with terms from one to three years, but can be extended if necessary.  The interest rate is indexed according to LIBOR on a 30 day basis.  It requires a minimum 10% down payment.

More About American Mortgage Acceptance Company

American Mortgage Acceptance Company is structured as an REIT and is required to distribute 90% of their taxable profits to their shareholders.  Since July 1999 has been consistent in paying out a quarterly distribution of income to their stockholders.  On an annualized basis, their quarterly dividend is $1.60 per share.

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.


Category: American mortgage

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