Select Capital offers a diverse mix of multifamily financing options to meet the needs of commercial real estate property owners.
The terms of financing multifamily properties vary depending on state, population, DSC, and LTV. Our goal is to structure your loan to obtain the best rate and terms available in the marketplace. We strengthen and add value to your business, and will provide you with out-of-the-box and creative solutions for your financing needs.
Our multifamily finance team leverages experience, resources, and relationships. We help you create the ideal financing scenario by utilizing trusted lending sources including: insurance companies, CMBS, private lenders, Freddie Mac.
Loan Limits | Up to $100,000,000 |
Property types | Apartments, affordable housing, conventional housing, manufactured home communities, mobile home parks, mixed use, student housing. |
Rates | Competitive market pricing; fixed or floating rates. |
Terms | Up to 30 year terms. |
Amortization | Up to 30 year amortization. |
Prepayment | Several options including no prepayment penalty. |
Recourse | Nonrecourse loans are available |
LTV | 80% LTV maximum. |
If you need financing for multifamily properties with 5 units or more, Select Capital has you covered. We provide funding solutions that include:
- Loan amounts up to $10 million (short-term); Up to $2 million (long-term)
- Terms up to 18 months; up to 30 years (amortization options)
- FICO 620 minimum (short-term); 680 minimum (long-term)
- LTV from 65% to 75%
- ARV from up to 80%; Up to 100% of rehab costs
- Collateral used: 5+ unit apartment buildings; Mixed-use properties with residential space greater than 70%
Contact Us
Contact the experts at Select Capital today to get comprehensive financing for multifamily properties.