Long-Term Multi-Family Financing
Service Detail
Long-Term Multi-Family Financing
Obtain long-term financing for 5 to 9-unit apartment buildings.
LOAN CRITERIA
Collateral:
Multi-Family Apartment Buildings 5+ Units*
*Maximum 9 Units
Term:
30 Years
Amortization Options:
30-Year Fixed, Hybrid ARMS (5/1, 7/1, 10/1)
& Interest-Only Options Available
Loan Amount:
Starting at $150k*
*Minimum Value Requirement of $100k per Unit
LTV:
Purchase: The Lesser of Up to 70% of the As-Is Value
or Up to 70% Loan-to-Cost
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value
Credit Score:
700 Minimum
Long-Term Multi-Family Financing
Fast Financing that Fits Your Real Estate Investments
Leverage Based On Credit Score
| FICO | MAXIMUM LOAN-TO-VALUE (LTV) | MAXIMUM LOAN-TO-COST (LTC) | |
|---|---|---|---|
| Purchase | 740+ | Up to 70% of the As-Is Value | Up to 70% Loan-to-Cost |
| 720 – 739 | Up to 70% of the As-Is Value | Up to 70% Loan-to-Cost | |
| 700 – 719 | Up to 70% of the As-Is Value | Up to 70% Loan-to-Cost |
| FICO | MAXIMUM LOAN-TO-VALUE (LTV) | |
|---|---|---|
| Refinance | 740+ | Up to 70% of the As-Is Value |
| 720 – 739 | Up to 70% of the As-Is Value | |
| 700 – 719 | Up to 70% of the As-Is Value |
| FICO | MAXIMUM LOAN-TO-VALUE (LTV) | |
|---|---|---|
| Cash-Out | 740+ | Up to 65% of the As-Is Value |
| 720 – 739 | Up to 65% of the As-Is Value | |
| 700 – 719 | Up to 65% of the As-Is Value |