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FELBA | Federal Loan Buydown Authority | Apartment Loan Financing

Federal Loan Buydown Authority (FELBA) gets multifamily property sellers out of debt jail by setting up apartment loan financing with favorable terms.

http://www.felba.com/

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CONTACTS AT FELBA.COM

KEVIN CARR

1069 PO●●●●●●●B DR NW

MAR●●●TTA , GE, 30064

UNITED STATES

1404●●●●8797
LB●●●●●@FIRSTCOMMUNITIES.COM

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KEVIN CARR

1069 PO●●●●●●●B DR NW

MAR●●●TTA , GE, 30064

UNITED STATES

1404●●●●8797
LB●●●●●@FIRSTCOMMUNITIES.COM

View this contact

KEVIN CARR

1069 PO●●●●●●●B DR NW

MAR●●●TTA , GE, 30064

UNITED STATES

1404●●●●8797
LB●●●●●@FIRSTCOMMUNITIES.COM

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PAGE TITLE
FELBA | Federal Loan Buydown Authority | Apartment Loan Financing | felba.com Reviews
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DESCRIPTION
Federal Loan Buydown Authority (FELBA) gets multifamily property sellers out of debt jail by setting up apartment loan financing with favorable terms.
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KEYWORDS
1 overview
2 sample valuation
3 offering memorandum supplement
4 quick quote
5 faqs
6 escrow agreement
7 closing instructions
8 our team
9 executive team
10 references
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FELBA | Federal Loan Buydown Authority | Apartment Loan Financing | felba.com Reviews

https://felba.com

Federal Loan Buydown Authority (FELBA) gets multifamily property sellers out of debt jail by setting up apartment loan financing with favorable terms.

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1

FAQs | Federal Loan Buydown Authority | FELBA | Multifamily Financing

http://www.felba.com/faqs

1 What does FELBA stand for? Federal Loan Buydown Authority. 2 What is the cost? FELBA charges the greater of 1/10 of 1% of the first mortgage loan amount or $20,000. FELBA pays for BB&T's escrow costs of $2,000 per year per transaction. 3 What are the advantages to the buyer and seller in using FELBA? 4 What are the tax consequences of the transaction? FELBA makes no specific warranty as to the tax treatment. Please consult with your tax advisor for your specific set of circumstances. However, i...BB&T ...

2

FELBA Team | Federal Loan Buydown Authority | Apartment Financing

http://www.felba.com/our-team

Mr Baker's hobbies include tennis, golf, fantasy baseball, and weightlifting. He is active in fundraising efforts for Holy Innocents Episcopal School and the Atlanta Food Bank. He has also enjoyed coaching girls basketball at all levels for the past five years. Mr. Baker has been married to his wife Lisa for 25 years and has three daughters.

3

Escrow Closing Instructions | FELBA | Federal Loan Buydown Authority

http://www.felba.com/instructions

FOURTEEN DAYS PRIOR TO CLOSING: You will receive the FELBA Escrow Agreement, Payment Schedule, and W-9. AT LEAST SEVEN DAYS PRIOR TO CLOSING:. The documents below (1-3) must be complete and emailed to FELBA c/o Matt Klejka at mklejka@felba.com. FELBA Escrow Agreement - Fully complete and signed. W-9 - Fully complete and signed in order to comply with the Patriot Act Requirements. Registered Articles of Incorporation. FELBA - Matt Klejka BB&T - Maura Pope. Phone- 404.477.3100.

4

Learn About FELBA | Apartment Loan | Multifamily Financing | Debt Jail

http://www.felba.com/overview

FELBA has contracted with BB&T to be the escrow agent. BB&T shall payout the funds pursuant to the escrow agreement with the borrower. FELBA will act as the transaction facilitator. The fee for this service will be equal to the greater of $20,000 or 1/10th of 1% of the buyer/borrower's permanent loan amount. FELBA will pay for the escrow costs and retain the earnings from the account to help offset these costs. Best uses for the Product.

5

FELBA | Federal Loan Buydown Authority | Apartment Loan Financing

http://www.felba.com/index.php

Get out of Debt Jail. The marketplace penalizes the value of a property with an amortizing loan, as compared to an interest-only loan. This reduction in value is the impetus for the creation of a financial engineering product by Federal Loan Buydown Authority (FELBA) that allows sellers to sell their communities with amortizing debt, while providing buyers with economics similar to interest-only.

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FELBA | Federal Loan Buydown Authority | Apartment Loan Financing

Get out of Debt Jail. The marketplace penalizes the value of a property with an amortizing loan, as compared to an interest-only loan. This reduction in value is the impetus for the creation of a financial engineering product by Federal Loan Buydown Authority (FELBA) that allows sellers to sell their communities with amortizing debt, while providing buyers with economics similar to interest-only.

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