Loan Program

Multifamily Loans

Short-term bridge, fix & flip, and long-term rental financing for 5+ unit apartment buildings and qualifying mixed-use properties.

Loan Criteria

The fundamentals.

Core program parameters at a glance. Final terms may vary based on loan type and verification.

Collateral
Multi-Family Apartments (5+ Units); Mixed-Use (70%+ residential)
Term
12 – 18 Months (extended terms available)
Loan Amount
$250k – $2M
Minimum FICO
650
Stabilized Bridge — Purchase
Up to 75% of As-Is Value
Stabilized Bridge — Refinance
Up to 70% of As-Is Value
Stabilized Bridge — Cash-Out
Up to 65% of As-Is Value
Fix & Flip — Purchase
Up to 80% Purchase + 100% Renovation
Fix & Flip — Refinance
Up to 75% As-Is + 100% Renovation
Fix & Flip — Cash-Out
Up to 70% As-Is + 100% Renovation

Typical Leverages & Rates

Tiered by experience.

Experienced
5+ flips · Light Rehab
80% Purchase + 100% Reno
70% LTC
Experienced
Heavy Rehab
70% Purchase + 100% Reno
65% ARV
New Customer
< 3 flips · Light Rehab
70% Purchase + 100% Reno
65% ARV

Have a multifamily scenario?

Talk to an account expert about your next deal.

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