Our programs provide flexible options for investors seeking to acquire or restructure low debt balances on multifamily properties nationwide.
Small Apartment Building Financing - $250,000 up to $2 million
Loan terms - 10 to 30 year amortization and 1, 3, 5 or 7 year terms either fixed-rate loans
Maximum loan to value: Up to 75% on Purchase, Refinance and cash-out transactions
- Multifamily housing with 5 or more residential units
- Mixed-use residential (apartments + store or office)
- Each unit should be more than 400 sq. ft.
- DSCR: 1.20 (check here)
- Type: LLC, LP, S Corp, C Corp
- Credit: Minium 660 FICO scores
- Credit History: 4 years from discharge date for Foreclosure, Chapter 7 BK; 2 years for Chapter 13
Multifamily Construction loans from $300,000 to $2,000,000 (small balance in California)