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:

Minimum Value Requirement of $40k Per Door.

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:

680 Minimum

Long-Term Multi-Family Financing

Obtain long-term financing for 5 to 9-unit apartment buildings.

Purchase

FICO

MAXIMUM LOAN-TO-COST (LTV)

MAXIMUM LOAN-TO-COST (LTC)

FICO

740+

MAXIMUM LOAN-TO-COST (LTV)

Up to 70% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

Up to 70% Loan-to-Cost

FICO

720 - 739

MAXIMUM LOAN-TO-COST (LTV)

Up to 70% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

Up to 70% Loan-to-Cost

FICO

700 - 719

MAXIMUM LOAN-TO-COST (LTV)

Up to 70% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

Up to 70% Loan-to-Cost

FICO

680 - 699

MAXIMUM LOAN-TO-COST (LTV)

Up to 65% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

Up to 65% Loan-to-Cost

Refinance

FICO

MAXIMUM LOAN-TO-COST (LTV)

FICO

740+

MAXIMUM LOAN-TO-COST (LTV)

Up to 70% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

FICO

720 - 739

MAXIMUM LOAN-TO-COST (LTV)

Up to 70% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

FICO

700 - 719

MAXIMUM LOAN-TO-COST (LTV)

Up to 70% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

FICO

680 - 699

MAXIMUM LOAN-TO-COST (LTV)

Up to 65% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

Cash-Out

FICO

MAXIMUM LOAN-TO-COST (LTV)

FICO

740+

MAXIMUM LOAN-TO-COST (LTV)

Up to 65% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

FICO

720 - 739

MAXIMUM LOAN-TO-COST (LTV)

Up to 65% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

FICO

700 - 719

MAXIMUM LOAN-TO-COST (LTV)

Up to 65% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)

FICO

680 - 699

MAXIMUM LOAN-TO-COST (LTV)

Up to 60% of the As-Is Value

MAXIMUM LOAN-TO-COST (LTC)