Get $50k - $5 Mil
Commercial Multi-Family Hard Money Loans
Property Loans & Financing
Multi-Family Loan Program
No Min Credit Score Required
No Income Stated or Verified
No Prepayment Penalty
No Source or Seasoning of Down
BK, Short Sale & Foreclosures OK
LTV (Loan to Value) up to 75%*
Interest Rates Starting at 7.99%*
Terms from 6 months to 30 Years*
Loan Fees 2 - 6 points*
*Call for details
*Rate, Terms, Fees are depended on the loan amount, loan to value, lien position, property type, location, purpose of loan, borrower ability to pay, credit etc.
Mixed Use buildings
Senior Care Facilities
Hotels / Motels
C Store, Liquor Stores
Commercial Vacant Land
and Many other Commercial Properties
Multi-Family Loan Programs
Hard Money Loan Program
Full Doc, W2 or 1040’s Program
Alt Doc, Low Doc Program
VOE only Loan program
Foreign Investor Program
ITIN Loan Program
FHA Loan Program
Conventional Loan Program
Documents Required for Commercial Multifamily Property Loans:
Stated Income for Multifamily Loan Program:
Copy of Lease Agreement (if rented)
Low Doc Multifamily Loan Program:
Above documents & Current Rent Roll
Current Year-to-date Operating Statement (Income and Expenses)
2 Years Historical Operating Statements
Full Doc Multifamily Loan Program:
Above documents plus
2 Years Personal & Business Tax Returns
Description of Property - Location, Number of Units, Year Built, Amenities, etc.
Property Brochure / Photos
Underlying Mortgage Balance
Lender fee, Broker fee, Escrow & Title fees are paid at closing. Any third party fees such as Appraisal, Environmental, Inspection etc are paid by borrower directly.
Loans & Financing for Multifamily Income Property
We offer stated income, stated asset equity-based loans against Multifamily property to borrowers who can’t qualify for a bank loan or who simply need capital quickly. We care more about Equity in the property, borrowers Ability to make payments & theirs Exit plan to repay the loan. We won't waste your time. If we can't help you, we'll refer you to a private lender who may.
Private Money Loans & Financing are available for purchase, refinance for all Multifamily property, Mixed Use property, Commercial Office Buildings, Retail Shopping Center & Residential properties 1-
Private Money Lenders & Investors Fund Loans based on Equity in the Multifamily Property and have Simple Loan Guidelines & Requirements.
We Provide Commercial Private Hard Money Loans for Multi-Family Properties in the Riverside, San Bernardino, Fresno, Bakersfield, San Francisco, Inland Empire, Los Angeles, Orange County & San Diego County and all of California and Nationwide.
A Hard Money Loans for Multifamily property is a specific type of asset-
Private Money Loans for Multifamily is commonly used term in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for Multifamily real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers.
Hard money lenders for Multifamily are lending companies, or individuals, offering a specialized type of collateral backed loan. Private Hard Money Lenders tend to lend short-term loans (also called bridge loans) that provide funding and or cash, based on the value of the collateral. Hard money lenders and Investors can and will utilize all types of collateral- residential properties, commercial properties, vacant land, vehicles, etc. to complete the loan. Hard money lenders tend to focus on the value of the collateral and sometimes borrower's ability to repay the loan, FICO score, debt to income balance; instead of based on their own personal income or other assets, as is common with traditional conventional lenders. Hard money lenders typically charge much higher interest rates and fees than banks because they fund deals that do not conform to bank standards such as verification of borrower's income, assets, or credit score.
Subprime mortgage loans & lender for Multifamily. A subprime mortgage is a type of loan granted to borrowers with poor credit histories, due to which they would not be able to qualify for conventional mortgages. Because subprime borrowers present a higher risk for lenders, subprime mortgages charge interest rates above the prime lending rate. A subprime mortgage carries an interest rate higher than the rates of prime mortgages. Prime mortgage interest rates are the rates at which banks and other mortgage lenders may lend money to customers with the best credit histories.
There are several different kinds of subprime mortgage structures available. The most common is the adjustable rate mortgage (ARM), which initially charges a fixed interest rate, and then convert to a floating rate based on an index such as LIBOR, plus a margin. The better known types of ARMs include 3/27 and 2/28 ARMs.
Stated Income Multifamily Loans & Lenders. Stated income loans allow borrowers to simply state their monthly income on a mortgage application instead of verifying the actual amount by furnishing pay stubs or tax returns. Stated income mortgage loan are mostly used by self employed borrowers. In some cases lender would ask for bank statements to support the stated income. In case of Multifamily property, stated income lenders would just ask for rental income as proof of income for loan qualification.
We offer Hard Money 1st Mortgage, 2nd Second Mortgage Loans & 3rd Mortgage Liens for Commercial Multifamily Property. 2nd Second mortgages and 3rd position Loans are riskier for lenders and thus generally come with a higher interest rate than first mortgages. This is due if the loan goes into default, the first mortgage gets paid off first before the second mortgage.
We Also provide hard money loans for Rehab, Fix & Flip loans, Bridge Loans, Construction Loans, Transaction Funding, Blanket loans against Multifamily Properties. If you are self employed we offer stated income loans, No doc loans, and bank statement loans against commercial Multifamily Units.
Multifamily residential also known as multidwelling unit is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. A common form is an apartment building. Sometimes units in a multifamily residential building are condominiums, where typically the units are owned individually rather than leased from a single apartment building owner. Many intentional communities incorporate multifamily residences, such as in co-housing projects.
A Multi-family residential housing is a building or structure that is designed to house several different families in separate housing units. The most common type of multifamily housing is an apartment building. Duplexes, quadruplexes, and townhomes also qualify as multifamily housing. The entire building or structure may be owned by an individual, an entity, or, as is the case with condominiums, by individuals who have purchased units. Multi family simply means the property has more than one living unit (duplex or above). Usually this means separate utility meters and will be sold as real estate that can be rented out to multiple families.
We have access to hundreds of multifamily unit property lenders & private hard money lenders & investors in Los Angeles, San Diego, Riverside, San Bernardino, Fresno, Bakersfield & Orange County and almost all California.
We provide Multifamily Loans & Financing in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
We also provide Commercial Multi-Family Loans & Financing in the cities of San Jose, San Francisco, Oakland, Fremont, Santa Rosa, Hayward, Sunnyvale, Concord, Santa Clara, Vallejo, Berkeley, Fairfield, Richmond, Antioch, Daly City, Houston, San Antonio, Dallas, Austin, Forth Worth, El Paso, Corpus Christi, Jacksonville, Miami, Tampa, Saint Petersburg, Orlando, Hialeah, Tallahassee, Fort Lauderdale, Port Saint Lucie, Pembroke, Pines, Denver, Colorado Springs, Aurora, Fort Collins, Lakewood, Thornton, Pueblo, Arvada, Westminster, Centennial, Birmingham, Montgomery, Mobile, Huntsville, Tuscaloosa, Hoover, Dothan, Decatur, Auburn, Madison,Phoenix, Tucson, Mesa, Chandler, Glendale, Scottsdale, Gilbert, Tempe, Tempe Junction, Peoria,Atlanta, Columbus, Savannah, Athens, Sandy Springs, Macon, Roswell, Albany, Johns Creek, Warner Robins,Chicago, Aurora, Rockford, Joliet, Naperville, Springfield, Peoria, North Peoria, Elgin, Waukegan,Newark, Jersey City, Paterson, Elizabeth, Edison, Toms River, Trenton, Clifton, Camden, Cherry Hill, Little Rock, Fort Smith, Fayetteville, Springdale, Jonesboro, North Little Rock, Conway, Rogers, Pine Bluff, Bentonville, New York, Brooklyn, Borough of Queens, Manhattan, Bronx, Staten Island, Buffalo, Jamaica, Rochester, Yonkers,Boston, South Boston, Worcester, Springfield, Lowell, Cambridge, New Bedford, Brockton, Quincy, Lynn, Philadelphia, Pittsburgh, Allentown, Erie, Reading, Scranton, Bethlehem, Lancaster, Levittown, Harrisburg, Charlotte, Raleigh, West Raleigh, Greensboro, Winston-Salem, Durham, Fayetteville, Cary, Wilmington, High Point, Columbia, Charleston, North Charleston, Mt. Pleasant, Rock Hill, Greenville, Summerville, Sumter, Hilton Head, Florence, Salt Lake City, West Valley City, Provo, West Jordan, Sandy Hills, Orem, Sandy, Ogden, Saint George, Layton, Indianapolis, Fort Wayne, Evansville, South Bend, Hammond, Bloomington, Gary, Carmel, Fishers, Muncie,Wichita, Overland Park, Kansas City, Topeka, Olathe, Lawrence, Shawnee, Manhattan, Lenexa, Salina, Jackson, West Gulfport, Gulfport, Southaven, Hattiesburg, Biloxi, Meridian, Tupelo, Greenville, Olive Branch, Columbus, Cleveland, Cincinnati, Toledo, Akron, Dayton, Parma, Canton, Youngstown, Lorain, Oklahoma City, Tulsa, Norman, Broken Arrow, Lawton, Edmond, Moore, Midwest City, Enid, Stillwater, Detroit, Grand Rapids, Warren, Sterling Heights, Lansing, Ann Arbor, Flint, Charter Township of Clinton, Dearborn, ivonia, Lexington-Fayette, Meads, Ironville, Louisville, Lexington, Bowling Green, Owensboro, Covington, Hopkinsville, Richmond, Vegas, Henderson, Reno, Paradise, North Las Vegas, Sunrise Manor, Spring Valley, Enterprise, Sparks, Carson City, Baltimore, Columbia, Germantown, Silver Spring, Waldorf, Glen Burnie, Ellicott City, Frederick, Dundalk, Rockville, New Orleans, Baton Rouge, Shreveport, Metairie Terrace, Metairie, Lafayette, Lake Charles, Kenner, Bossier City, Monroe, Minneapolis, Saint Paul, Rochester, Duluth, Bloomington, Brooklyn Park, Plymouth, Saint Cloud, Eagan, West Coon Rapids, Kansas City, St Louis, Springfield, Independence, East Independence, Columbia, Lee's Summit, O'Fallon, St. Joseph, St. Charles, Portland, Eugene, Salem, Gresham, Hillsboro, Beaverton, Bend, Medford, Springfield, Corvallis,Virginia Beach, Norfolk, Chesapeake, Arlington, Richmond, Newport News, East Hampton, Alexandria, Hampton, Portsmouth, Heights, Seattle, Spokane, Tacoma, Vancouver, Bellevue, Everett, Kent, Yakima, Renton, Spokane Valley, Memphis, New South Memphis, Nashville, Knoxville, Chattanooga, East Chattanooga, Clarksville, Murfreesboro, Jackson, Johnson City, Sioux Falls, Rapid City, Aberdeen, Brookings, Watertown, Mitchell, Yankton, Pierre, Huron, Vermillion, Des Moines, Cedar Rapids, Davenport, Sioux City, Waterloo, Iowa City, Council Bluffs, Ames, Dubuque, West Des Moines, Bridgeport, New Haven, Hartford, Stamford, North Stamford, Waterbury, Norwalk, East Norwalk, Danbury, New Britain, Wilmington, Dover, Newark, Bear, Middletown, Brookside, Glasgow, Hockessin, Pike Creek Valley, Smyrna, Boise, Nampa, Meridian, Idaho Falls, Pocatello, Caldwell, Coeur d'Alene, Twin Falls, Lewiston, Lewiston Orchards, Omaha, Lincoln, Bellevue, Grand Island, Kearney, Fremont, Hastings, North Platte, Norfolk, Columbus, Albuquerque, Las Cruces, Rio Rancho, Enchanted Hills, Santa Fe, Roswell, Farmington, South Valley, Clovis, Hobbs, Fargo, Bismarck, Grand Forks, Minot, West Fargo, Mandan, Dickinson, Jamestown, Williston, Wahpeton, Milwaukee, Madison, Green Bay, Kenosha, Racine, Appleton, Waukesha, Oshkosh, Eau Claire, Janesville, Providence, Warwick, Cranston, Pawtucket, East Providence, Woonsocket, Coventry, Cumberland, North Providence, West Warwick.
vfindloans.com 1307 West 6th Street # 219, Corona CA 92882 * Tel: 951-254-3712 * Fax: 951-710-6411
Business Hours: Monday thru Friday 9:00 am - 5:00 pm