MULTIFAMILY
MIXED USE
In Urban areas all over the country these properties represent a a growing source of profit and opportunity for Real Estate Investors looking to diversify their portfolio, and begin building generational wealth.
Our Small Balance Multifamily Bridge Loan Program permits Real Estate Investors to Purchase or Refinance Multifamily Residential Properties with 5 or more units - or even Mixed Use Properties.
Term: 12 Months up to 24 Months (with extension)
Property: 5+ Family or Eligible Mixed Use
Loan Amount: $500k-2.5MM
No Prepayment Penalty!
Minimum Underwriting DSCR: 1.25x
Purchase or Rate & Term Refinance Only
Two financing options available to tailor your loan to match the cost and complexity of your project.
LIGHT REHAB
Loan Purpose:
Purchase
or
Rate & Term Refinance
Purchase: 80% Purchase Price and 100% Renovation
Rate/Term Refinance: 70% As-is value and 100% Renovation
Maximum Loan to Cost:
HEAVY REHAB
Purchase Only
80% of Total Costs