Multifamily and Commercial Loans for Real Estate Investors

A multifamily loan is a mortgage on a residential building with five or more units, such as an apartment building, or on a mixed-use building that combines apartments with shops or offices. Buildings with one to four units are financed as rental property instead. Ours are private money loans qualified on the building's rents and operating statements rather than on your personal income, with rates from 6.875%, up to 75% of the building's value, and 5/1, 7/1 and 10/1 adjustable-rate terms.

Investors use them to buy a building, to refinance one they own, or to fund a value-add plan: buy a building with vacancies or deferred repairs, improve it, raise the rents, and hold it. Files are reviewed in as little as 24 to 48 hours and a closing takes about 14 business days. For a building that is not yet ready for long-term financing, a bridge loan can carry it there first.

This program works the way a DSCR loan does for a smaller rental, scaled up to commercial property. We look at the building's rent roll and operating statements, not your personal income. If you have been shopping for a commercial DSCR loan or a commercial hard money loan, this is the program built for that job: private money that underwrites the asset.

If the rents cover the payment and the business plan holds up, your tax returns are not the deciding factor.

Minimal documentation is needed. There is no income verification requirement of the kind traditional banks impose.

Every borrower is assigned a personal loan officer, who assists in acquiring the necessary documents so nothing stalls the file.

Processing begins within 24 to 48 hours of receiving your file, and a complete closing takes approximately 14 business days.

We are committed to getting you the funding you need quickly — and at competitive rates.