CAPITAL SOURCES
Magna Bank
Magna Bank is a direct lender located in Memphis, Tennessee which offers a variety of short term loans.
- $10 MM Maximum inhouse loan
- $30 MM Maximum loan with participant
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- Fixed or variable interest rates
- Flexible prepayment structures
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Correspondent Lenders
Magna Bank represents 12 Life Insurance Companies. Magna Bank sources the long term, fixed rate, non-recourse permanent loans and retains the servicing.
- AEGON
- American Fidelity
- Genworth
- I.C.A.
- Liberty Life
- Lincoln Financial
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- Ohio National
- Protective Life
- Southern Farm Bureau
- Summit Investments
- Thrivent Financial
- Woodman of the World
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Freddie Mac
Magna Bank is one of the only 26 approved Seller/Servicers in the country. Magna Bank funds and services the loans.
- Apartments
- Senior Housing
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- Student Housing
- Credit Lines
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Member of Q10 Capital, LLC
Q10 Capital is a group of 17 commercial and multifamily mortgage bankers located in 25 cities in 20 states. The group as a whole represents over 90 life insurance companies. Members are connected via an Intranet which provides members the benefit of accessing lenders on a nationwide basis.
For more information about Commercial & Multifamily: