Mulit-Family Loans

Short-term financing for 5+ unit apartments and mixed-use properties.

• Collateral: Multi-Family Apartment Buildings (5+ Units); Mixed-Use Properties (Residential Space is Great than 50% of Square Footage)
• LTV: Stabilized Bridge
  • Purchase: Up to 75% of the As is Value
  • Refinance: Up to 70% of the As is Value
  • Cash-Out: Up to 60% of the As-Is Value
• Fix & Flip – Light Rehab only
  
  
  • Purchase: Up to 87% of the Purchase Price + 100% of Renovation Costs
  • Refinance: Up to 70% of the As-Is Value + 100% of Renovation Costs
  • Cash-Out: Up to 60% of the As-Is Value + 100% of Renovation Costs
• Term: 12 Months (6-Month Extension Available)
• Minimum Property Value: $50k per Door (Subject to Increase Based on Location)
• Loan Amount: $250k – $3M ($1M Max per unit)