Apartment /Mixed Use / Multifamily Loans
provides a wide variety of financing options for multifamily (5 or more units) and Apartments.
FHA Programs: ($3 MM minimum loan amount)
- Purchase up to 83% LTV ;
- New Construction 83% LTCost;
- Rehabilitation 83% LTV;
- Refinance 83% LTV
- 35-40 year fixed rate
- Non Recourse - No personal liabiliy
View Programs: FHA Financing Programs.
***Comparison - FHA and Fannie Mae Multifamily Loan Programs (LINK)
Conventional Loans:
A. $500,000 to $150,000,000
B. Non-Recourse loans available
C. Purchase
i. Up to 80% LTV
iii. Up to 30 year fixed rate
D. Refinance
i. New Rate and Term
ii. Cash Out
iii. Rehab
- Up to 65% ARV (after repair value)
iv. Buy out existing partners
v. Up to 30 years fixed rates
E. Construction
i. New construction
ii. Up to 70% LTCost
iii. 12-24 Months Interest only
iiii. Rehab
v. One (1) time close loans available
1. Construction to Permanent
F. Bridge loans
i. Gap funding between purchase or construction and stabalization
ii. Purchase existing discounted properties and close in 30 days or less
iii. Up to 65% LTV
G. Hard Money Loans
- Purchase Existing Properties
- Up to 65% LTV
- Purchase and rehab
- Up to 65% ARV (after repair value)
- Non Performing Properties
- Up to 3 years
- Closings in as little as 2 weeks
Fannie Mae Loans:
i. Non Recourse available (no personal liabilty)
ii. Supplemental Equity Loans available after 12 month
- Equity cash out refinance with 2nd lien 1st lien unchanged
iii. Up to 80% LTV
- Purchase
- Refinance
National Commercial Property Loans provides several direct, highly competitive commercial real estate
loan products for qualified properties with commercial mortgages up to $50 million plus.
Multifamily Loan Request Form
