Short-Term Multi-Family Financing
Obtain short-term financing for 5+ unit apartments & mixed-use properties.
LOAN CRITERIA:
Collateral:
Multi-Family Apartment Buildings (5+ Units); Mixed-Use Buildings
(Residential Space Must Represent 70%+ of the Property’s
Total Square Footage)
Term:
12 – 18 Months
Loan Amount:
$250K** – $2.5M ($1M Max Per Unit)
**Minimum As-Is Value Requirement of $350k. Subject to Increase Based on Location.
LTV:
Purchase: Up to 75% of the As-Is Value
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value
Fix & Flip
Purchase: Up to 80% of the Purchase Price + 100% of the Rehab Costs
Refinance: Up to 70% of the As-Is Value + 100% of the Rehab Costs
Cash-Out: Up to 65% of the As-Is Value + 100% of the Rehab Costs
Credit Score:
660 Minimum
Apply Today:
George Williams
Short-Term Multi-Family Financing
Fast Financing that Fits Your Real Estate Investments
MAXIMUM AFTER-REPAIR VALUE
MAXIMUM LOAN-TO-VALUE
Experienced Customer (Completed 5+ Flips in the Last 3 Years)
Short-Term Multi-Family Financing
Fast Financing that Fits Your Real Estate Investments
Experienced Customer (Completed 5+ Flips in the Last 3 Years)
Light Rehab
Purchase
MAXIMUM AFTER-REPAIR VALUE
Up to 70% of the ARV
MAXIMUM LOAN-TO-VALUE
Up to 80% of Purchase Price + 100% of Renovation Costs
Refinance
MAXIMUM AFTER-REPAIR VALUE
Up to 65% of the ARV
MAXIMUM LOAN-TO-VALUE
Up to 75% of As-Is Value + 100% of Renovation Costs
Cash-Out
MAXIMUM AFTER-REPAIR VALUE
Up to 60% of the ARV
MAXIMUM LOAN-TO-VALUE
Up to 70% of As-Is Value + 100% of Renovation Costs
Heavy Rehab
Purchase
MAXIMUM AFTER-REPAIR VALUE
Up to 65% of the ARV
MAXIMUM LOAN-TO-VALUE
Up to 70% of As-Is Value + 100% of Renovation Costs
Refinance
MAXIMUM AFTER-REPAIR VALUE
Up to 60% of the ARV
MAXIMUM LOAN-TO-VALUE
Up to 65% of As-Is Value + 100% of Renovation Costs
Cash-Out
Not Permitted
Not Permitted
Light Rehab
Heavy Rehab*
New Customer (Completed <3 Flips in the Last 3 Years)
Light Rehab
Purchase
MAXIMUM AFTER-REPAIR VALUE
Up to 65% of the ARV
MAXIMUM LOAN-TO-VALUE
Up to 70% of Purchase Price + 100% of Renovation Costs
*Rehab Budget is greater than or equal to 100% of “As Is” Value (for purchase & refinance)
or purchase price (of a purchase), involves more than a 20% expansion of the property
of at least 750 sq ft, or involves a change of use.