214-561-7109 Call Today!
Obtain short-term financing for 5+ unit apartments & mixed-use properties with rates starting as low as 8.25%
LOAN CRITERIA
Collateral:
Multi-Family Apartment Buildings (5+ Units); Mixed-Use Buildings
(Residential space is greater than 50% of square footage)
Rates:
Starting at 8.25%
Interest Only Charged on Outstanding Balance
Term:
12 Months (6 Month Extension Available*)
*Extension Fee Applies
Loan Amount:
$250K** - $5M ($1M Max Per Unit)
**Minimum value requirement of $35k per door. Subject to increase based on location.
LTV:
Stabilized Bridge
Purchase: Up to 70% of the As-Is Value
Refinance: Up to 65% of the As-Is Value
Cash-Out: Up to 55% of the As-Is Value
Fix & Flip
Purchase: Up to 75% of the Purchase Price + 100% of the Rehab Costs
Refinance: Up to 65% of the As-Is Value + 100% of the Rehab Costs
Cash-Out: Up to 60% of the As-Is Value + 100% of the Rehab Costs
Credit Score: 650 Minimum
To hear more news about Funding Programs, Workshops, Webinars, Resources, and Funding Insight, subscribe to our community.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data. Privacy Policy