Multi-Family Loans
All multi-family loans are typically purchasing a property that houses more than one family. In most cases, these types of loans are given to developers or investors to purchase apartment buildings or condominium complexes.
Benefits of Multi-Family
- LESS RISK
- LITTLE COMPETITION
- MORE OPPORTUNITIES
- HIGHER LOAN LIMITS
- EASIER PROPERTY MANAGEMENT
- BETTER HELP PAYING BACK YOUR LOAN
Multi-Family Terms
- MULTI FAMILY
- TARGET PROPERTY TYPE: MULTIFAMILY 5+ UNITS & MIXED USE
- LOAN SIZE: $500 - $900MM
- LTV'S: UP TO 75% - 85% LOAN TO VALUE / PURCHASE PRICE
- LOAN TERMS: 20 - 30 YEAR TERMS & COMPETITIVE RATES
- TARGET TRANSACTIONS: STABILIZED PROPERTIES, POTENTIAL FOR NON-RECOURSE, STRONG AND EXPERIENCED SPONSORS.