Apartment / Multifamily Loan Sources
Loan Sizes $250,000 – $1Million (Typical Program Highlights):
Size: $250,000- $1million
Term: 3, 5, 7 10, up to 30 years
Interest Rates:
Fixed rates vary, floating rates based on margin over LIBOR
Amortization: Up to 30 years
Maximum LTV: Up to 80%
Minimum
DSCR:
From 1.20x
Interest-Only Period: Partial-term and full-term
Key Points
- Credit scores from 600+
- Non-recourse option for multifamily loans over $750K
- Low-documentation programs available
- Fast closings, 35 to 45 days