Limit your personal liability and exposure with a non-recourse apartment loan or commercial real estate loan from CREFCOA.
CREFCOA provides non-recourse loans for apartment buildings and multifamily properties and non-recourse commercial loans for most income producing commercial real estate. A few of the advantages of non-recourse commercial mortgage loans, include:
- Limited personal liability.
- Non-recourse loans are not considered a contingent liability on your personal financial statement and doesn’t show on your personal credit report.
- Since non-recourse loans aren’t considered contingent personal liabilities, it frees up an individual’s personal credit/debt/exposure.