Whether your objective is to finance a small apartment building of 5-to-16 units, or an apartment complex with more than 100 units, we can help you secure the best financing option to match your investment requirements.
The multifamily loans we provide are mainly from Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA). We select the loan product based on your particular needs giving you the ideal solution along with competitive financing.
Property types ranges from garden apartments, mid-rise to high-rise residential buildings.
Eligible Properties:
5+ unit Apartment buildings, Senior Housing Facilities, Student Housing, Affordable Housing and Manufactured Housing
Fannie Mae Small Loans
Loan amounts from $750,000 up to $5 million
80% LTV for purchase or refinance
Up to 30 year fixed rate terms
3% of closing costs may be financed
Assumable loans
Non-recourse loans
No tax returns
Fannie Mae Large Loans
Loan amounts from $3 million and up
80% LTV for purchase or refinance
Up to 30 year fixed rate terms
Freddie Mac Small Balance Loans
Loans from $1,000,000 to $7 million
80% LTV for purchase or refinance
Up to 30 year fixed rate terms
3% of closing costs may be financed
Assumable loans
Non-recourse loans
No tax returns
FHA 223
Loan amounts from $1 million and up
83.3% LTV for apartment buildings of 5+ units
Up to 35 year fixed rate terms
1.17 minimum DSCR
HUD insured mortgages are non-recourse
FHA 221(d)
ONLY for new construction or substantial rehab of multifamily buildings
Loan amounts from $2 million and up
as much as 90% loan to value
Fixed rate terms up to 40 years
� Easy application process
� Financing up to 85% LTV
� Terms and amortizations up to 35 years
� Fixed rates financing options
� Loans for acquisition or refinance, including cash-out
� Quick pre-approvals with no cost and no obligation.