Obtain long-term financing for 5 to 9-unit apartment buildings.
-
Collateral:
Multi-Family Apartment Buildings 5+ Units*
*Maximum 9 Units -
LTV:
Purchase: The Lesser of Up to 65% of the As-Is Value or Up to 65% Loan-to-Cost -
Term:
30 Years - Refinance: Up to 65% of the As-Is Value
-
Credit Score:
680 Minimum - Cash-Out: Up to 60% of the As-Is Value
-
Loan Amount:
$$100K–$2M
Long-Term Multi-Family Financing
Purchase
FICO
740+- 720 - 739
- 700 - 719
- 680 - 699
MAXIMUM LOAN-TO-VALUE (LTV)
- The Lesser of Up to 67.5% of the As-Is Value or Up to 67.5% Loan-to-Cost
- Up to 65% of the As-Is Value
- Up to 60% of the As-Is Value
- Up to 60% of the As-Is Value
MAXIMUM LOAN-TO-COST (LTC)
- Up to 67.5% Loan-to-Cost
- Up to 65% Loan-to-Cost
- Up to 65% Loan-to-Cost
- Up to 60% Loan-to-Cost
Refinance
FICO
- 740+
- 720 - 739
- 700 - 719
- 680 - 699
MAXIMUM LOAN-TO-VALUE (LTV)
- Up to 67.5% of the As-Is Value
- Up to 65% of the As-Is Value
- Up to 60% of the As-Is Value
- Up to 60% of the As-Is Value
Cash-Out
FICO
- 740+
- 720 - 739
- 700 - 719
- 680 - 699
MAXIMUM LOAN-TO-VALUE (LTV)
- Up to 65% of the As-Is Value
- Up to 60% of the As-Is Value
- Up to 65% of the As-Is Value
- Up to 50% of the As-Is Value
