Acquisition financing is available for all types of Multi-Family properties. Types of Multi-Family Properties we fund:
- Multifamily Residential/High Rise
- Garden Apartments
- Residential Condominium
- Senior Housing
- Mobile Home Parks
- Veteran Housing
- Student Housing
- Assisted Living Properties
- Nursing Homes
Terms
Loan to Value Ratio Up to 80%
Interest Rate 5.00% – 12%
Term 1 – 3 years; 5-25 years
Amortization – Interest Only
Recourse & Non-recourse
Lender Fee 3 – 5 Points
Exit Fee – None
Extensions – Yes
Extension Fee: 1/2 – 1 Point
Borrowing Entity: Special Purpose Entity
Small-Balance Fix-n-Flip Loans
- SFR, 2-4 Unit Non-owner Occupied
- Condos, Townhomes, PUD’s, Purchase, Refinance, Rehabilitation, Cash-out
- $250,000 – $7,000,000 Loan Amounts
- 3/1, 5/1, 7/1, 10/1 or 30-year term; ARM or Fixed interest rate available!
- Rates starting at 5.25%
- Minimum FICO score – 620
- Nationwide* – Tier I and II markets
- 75% LTV – up to 100% LTC; As low as 10% Down-payment!
Rental Multifamily Loans
- 5+ Unit Multifamily
- Condos, Townhomes, Purchase, Refinance, Rehabilitation, Conversions, Mixed-use, Cash-out
- $100,000 – $7,500,000 Loan Amount
- 3/1, 5/1, 7/1, 10/1 or 30-year term; ARM or Fixed interest rate available!
- Rates starting at 6.25%
- Minimum FICO score – 600
- Nationwide – Tier I and II markets
- 75-80% LTV – up to 100% LTC
Apply for a Commercial Loan
To get started, and obtain a quick quote – please complete the information below. One of our lending officers will contact you within 48 hours (excluding weekends and holidays). Thank you, and we look forward to the opportunity to assist you with your financing needs.