Multifamily
5+Units
30-year fixed product for stabilized properties
Hybrid ARM 5–50 Units
Loan amounts up to $20,000,000
Competitive investor rates
Streamlined approvals
Up to 75% Loan-to-Value (LTV)
Current Rates: mid-5% to 7% range*
*Rates are indicative only and may change at any time based on market conditions, including movements in benchmark indexes such as the 10-year Treasury, SOFR, and similar reference rates.
Hybrid ARM* (Popular for 5–50 Units)
*Common structures include 5/6, 7/6, and 10/6 ARMs. The rate is fixed for the initial period, then adjusts every six
months based on SOFR plus a lender margin.
Property Financials Drive the Deal
Lenders review the current rent roll, trailing 12-month income/expenses, and historical operating statements
to ensure the property’s cash flow can support the loan.
Investor & Portfolio Review
Investor experience and financial strength are reviewed to determine leverage. Properties with 5 or more units are underwritten as commercial and generally require an REO schedule, personal financial statement, and property operating statements.
Entity & Legal Documentation Required
5+ unit properties are typically required to close in an entity, with documentation confirming ownership and signing authority.
Commercial Due Diligence Reports
Unlike residential loans, multifamily requires third-party reports focused on income value, environmental safety,
and structural condition.