Investor Multi-Family

A multifamily property must have a minimum of 5 units in order to qualify. Mixed-use properties that have some commercial use (such as street level retail) and are at least 50% residential apartment units are also eligible for multifamily pricing with most loan programs.

Typical Properties:

Multi-family or apartment building (minimum of 5 units required)

Mixed-Use Multi-family (minimum 50% apartment units)

Summary:

Product Type:	Investor Multifamily
Property Type:	Minimum 5 Units
Loan Amount (min/max):	$750,000 to $50 Million (Smaller loans avail. subject to review and location)
LTV (max):	70% - 80%
CLTV (max):	N/A
Amortization / Term:	30/10, 30/7, 30/5
Minimum FICO:	680
Minimum DSCR:	1.25x-1.55x
Non-Eligible:	Ground Lease, < 5 units, Senior Housing
Cash-out:	Subject to review
Collateral:	Real Property

Please call for further details on our Multi-Family products.

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