Multi-Family Loans forApartment Investors

Multi-family financing provides specialized capital for residential investment properties with two or more dwelling units—from small duplexes and fourplexes to large-scale apartment complexes with hundreds of doors. Unlike traditional single-family mortgages, multi-family loans are primarily underwritten based on property income and cash-flow metrics rather than personal borrower income.

Small Multi-Family (2-4 Units)

Small multi-family properties—duplexes, triplexes, and fourplexes—occupy a unique position in real estate finance. These properties can often qualify for residential loan programs with owner-occupancy benefits, including lower down payments (as low as 3.5% with FHA) and simpler underwriting requirements. For investors, small multi-family offers an accessible entry point into rental real estate with multiple income streams from a single property.

Our small multi-family programs serve both owner-occupants looking to "house hack" their first investment and experienced investors building portfolios of 2-4 unit properties. Loan amounts typically range from $150,000 to $2 million, with competitive rates and flexible terms based on property performance and borrower experience.

Large Multi-Family & Apartment Buildings (5+ Units)

Properties with five or more units are classified as commercial real estate, requiring commercial loan structures and more sophisticated underwriting analysis. Large multi-family financing involves detailed review of rent rolls, operating expense history, market comparable analysis, and professional property management requirements.

We provide financing for apartment buildings ranging from 5-unit properties to institutional-scale complexes with 200+ doors. Loan sizes typically range from $500,000 to $25 million+, with terms structured around property net operating income (NOI), debt service coverage ratio (DSCR), and market capitalization rates. Our programs serve acquisition, refinance, and value-add strategies.

Stabilized vs. Value-Add Multi-Family

Stabilized multi-family properties maintain 90%+ occupancy with market-rate rents and minimal deferred maintenance. These assets qualify for the most competitive permanent financing terms, including lower rates, higher leverage (up to 80% LTV), and longer amortization periods. Stabilized deals are ideal for investors seeking predictable cash flow and long-term appreciation.

Value-add multi-family involves acquiring underperforming properties with below-market rents, high vacancy, or deferred maintenance—then executing a renovation and repositioning strategy to increase NOI and property value. Value-add financing typically combines acquisition capital with renovation funds, disbursed in draws as improvements are completed. Upon stabilization, investors refinance into permanent financing or sell at the improved value.

Why Multi-Family Remains a Premier Asset Class

Multi-family real estate has consistently demonstrated resilience across economic cycles, making it a cornerstone of institutional investment portfolios. Key advantages include:

• Diversified Income: Multiple tenants reduce vacancy risk compared to single-family rentals
• Economies of Scale: Per-unit operating costs decrease as property size increases
• Value-Add Opportunity: Operational improvements directly translate to increased property value
• Favorable Financing: Strong lender appetite creates competitive terms and higher leverage
• Demographic Tailwinds: Housing demand fundamentals support long-term rental growth