Multi Family Apartments Loans

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Property Types

Apartments

Minimum Fico Score 680
Minimum DSCR 1.10x
3,5,10 Year Interest Only or 30 Year Fixed
Flexible Pre Payment Penalty

Mixed Use

Minimum Fico Score 680
Minimum DSCR 1.20x
3,5,10 Year Interest Only or 30 Year Fixed
Flexible Pre Payment Penalty

Loan to Value

$1,000,000-$25,000,000
Apartments
80% LTV Purchase
75% LTV Refinance
Rates Low as 6.50%
70% LTV Refinance
75% LTV Purchase
Rates Low as 6.99%

HOW IT WORKS

For acquisition of stabilized rental properties, we offer up to 80% LTV financing for Purchase meaning you only need 20% Down Payment ! On refinances we can offer up to 75% LTV. Enjoy the benefits of our high leverage Apartment Loans !

ELIGIBLE PROPERTY TYPES

Eligible property types for our Apartment loans  are Multi Family Apartments 5+ units or Mixed Use properties with majority residential income and floor space. Properties must be occupied or rent ready. No rural markets allowed. Urban or suburban markets only.

WHAT ARE THE QUALIFICATIONS

For our Apartment loans, all you need is a minimum credit score required is 680, Cash required to close, LLC or Corp Documents and your property rent rolls! We only Lend to US entities. Apartment loans require previous management experience. We guide you along the way to make sure you get approved regardless of your qualifications.

WHO IS THE PRODUCT BEST FOR

For Real Estate Investors looking to purchase or refinance a portfolio of rental properties. Our typical customers are Experienced Rental Investors and Real Estate Joint Ventures. If you’re an investor looking for flexible financing on your rental portfolio, you’re in the right place.

WHAT STATES ARE THE LENDING STATES

Our Portfolio Loans are available in most markets. Currently we cover over 41 states ! As long as your property is in an urban or suburban market, your property qualifies. No rural markets allowed. Give us a call to find out more.