Multifamily
Bridge Loan

10.75%

*

Short-term interest only rehab loans for 5+ unit multifamily properties.

Key Facts About Our Multifamily Bridge Loan

Minimum Guarantor Fico

Mid-Score of 680

Markets

Primary, secondary and tertiary

Loan Term

12 to 24 months

Recourse

Loans ≤ $2MM: Full Recourse

Loans > $2MM: Full Recourse or

Limited Recourse with bad-boy carveouts

Completion Guaranty/Reserve Replenishment Guaranty when applicable

Loan Types

Interest Only | Fixed/Adjustable Rate Mortgage Options

Experience

Prior multifamily property ownership experience required

Loan Amount

$500K - $5MM

Loan Purpose

Multifamily bridge loans for purchase or refi of small and middle-market investment properties (5+ multifamily units) that are stabilized or in need of renovation/value-add.

Property Type

5+ unit Multifamily, min $35,000 per door

Acceptable properties are Class A, B and C grade. Class D properties will be considered on a case-by-case basis

Maximum Leverage

Loan-To-Cost (Ltc)

Loan-To-Value (Ltv)

Cost Is Purchase Price Amount

Up to 75% of purchase price and 100% of renovation costs subject to 80% total (LTC) | 70% of stabilized value (LTV)

Cash-out refi 65%

Borrower Recourse

Recourse and Non-recourse.

Non-recourse option will have standard carve-outs; availability will be determined on a case-by-case basis.

Foreign Nationals

Allowed with established US credit subject to 55% stabilized LTV max

Over $8 Billion in loans for Real Estate Investors

The Multifamily Loan Program is perfect for small balance residential properties with more than 5 units. The minimum loan amount is $500,000. With competitive rates, it’s perfect for rehabbing a multifamily property.

Why Choose a Multifamily Loan?

    • Up to 100% financed renovation with a completed project and future rental value analysis
    • Provides short-term placement with an outlook for permanent financing at the end of the term of the loan

BEGIN TODAY BY TAKING ADVANTAGE OF A Multifamily Bridge Loan