Get $50k - $5 Mil
Commercial Mixed Use Multifamily Hard Money Loans
Mixed Use Multifamily Income
Property Loans & Financing
If you’re Looking to Purchase or Refinance your 1st Multifamily Property or Existing Investment Property then you are at the right place. We provide Conventional Full doc, lite doc, Low Doc, No doc, Stated Income and Equity Based Mixed Use Multifamily Hard Money Loans for Purchase, Refinance, Cash Out, Rehab, or Debt Consolidation.
1st, 2nd Position Loans
LTV Up to 80%*
5+ Unit Multifamily Loan Program
No Min Credit Score Required
Stated Income or No Doc
No Prepayment Penalty
No Source or Seasoning of Down
BK, Short Sale & Foreclosures OK
LTV (Loan to Value) up to 80%*
Interest Rates Starting at 5.99%*
Terms from 6 months to 30 Years*
*Rate, Terms, Fees, LTV are depended on the loan amount, loan to value, lien position, property type, location, purpose of loan, borrower ability to pay, credit etc. Call for Details
Commercial Property Type:
Residential properties 1-4 unit
Senior Care Facility
Multi-Family Mortgage Loan Programs
Multifamily loans financing Check List
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.
Stated Income Commercial Multifamily Loan Financing Lenders
A Multi-family stated income commercial loan is a mortgage where the multifamily commercial lender does not verify the borrower's personal income by looking at their tax returns, pay stubs, W2 forms or other records. Instead, borrowers are simply asked to state their income, and taken at their word. We have access to network of stated income commercial lenders for Multifamily offering these type of commercial financing.
Low Doc, No-Doc Commercial Multifamily Loan Financing Lenders
A Multifamily No-Doc or Low-doc commercial loan refers to loans that do not require borrowers to provide documentation of their income to lenders or do not require much documentation. Borrower can qualify by using their bank statement deposits or property income. We have access to network of No Doc or Low doc commercial lenders for Multifamily offering these type of commercial financing.
Adjustable & 30 Year Fixed Commercial Loans for Commercial Multifamily
We also provide stated income commercial mortgages for Multifamily with different loan terms such as adjustable commercial loans like 3/1 Arm, 5/1 Arm, 7/1 Arm and also we have commercial fixed rate programs like 10 year fixed, 15 year fixed, 20 year fixed and 30 year fixed commercial loan.
Commercial Multifamily Bridge Loans & Lenders
A bridge loan is a short term loan taken out by a borrower against their residential or commercial Multifamily property until they secures permanent financing or removes an existing obligation. It allows the borrower to meet current obligations by providing immediate cash flow.
We provide stated income bridge loan and private hard money bridge loans against Multifamily or commercial property. Bridge loans are short term, from 6 month to 3 year, bridge loans are relatively high interest rates, and payment are interest only.
What is Multifamily Apartment and How to get Financing for Multifamily 5+ Unit?
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 multifamily commercial property is a term used to describe residential properties with more than five units (5+ units). 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 provide multifamily hard money loans financing lenders nationwide.
We have access to hundreds of multifamily hard money loans financing lenders, private lenders & investors in Los Angeles, San Diego, Riverside, San Bernardino, Fresno, Bakersfield & Orange County all California and Nationwide.
Loans & Financing for Multifamily Income Property
We offer stated income, stated asset equity-based multifamily commercial loans financing lenders to borrowers who can’t qualify for a bank loan or who simply need capital quickly. Lenders 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.
Commercial Mixed Use Multifamily loans financing are available for purchase, refinance for all Multifamily property, 5+ Units, Duplex, 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 have access to private hard money Jumbo loans & lenders offering mortgage from $1 mil to $10mil.
We Provide Commercial Private Hard Money Loans for Commercial 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. Private 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, Non Prime Mortgage for Commercial Multifamily Properties
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.
Commercial 2nd Position Loans for Multifamily
We offer Hard Money 1st Mortgage, 2nd Second Mortgage Loans & 3rd Position 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.
Find Stated Income, No Doc Multifamily Mortgage Loan Lenders
Hard money lenders & Investors also provide Multifamily Stated Income Loans. These Stated income loans allow borrowers to simply state their monthly income on a mortgage application instead of verifying the actual amount by furnishing tax returns, W2's, Pay Stubs, 1099 or Bank Statements. Mostly the Stated income mortgage loan are used by self employed borrowers or for getting a business purpose loan. Home equity Stated income loans & 2nd/Second Mortgages are also available for business purposes. As a result in some cases lender would ask for bank statements to support the stated income.
Here are some Stated income Multifamily Loans.
A SIVA loan (Stated Income Verified Assets), or stated income/verified asset loan, allows you to state your monthly gross income on the loan application and requires you to verify your assets by furnishing bank statements or a similar asset document as compared to full doc which required proving income via tax returns.
A SISA loan (Stated Income Stated Assets), or state income/stated asset loan, allows you to state both your monthly gross income and your assets on your mortgage application. So in this case, both items are simply stated, and the bank or lender will not ask you to verify the information. Stated Income loan lenders are mostly used by self employed borrower or for business purpose loans. Get access to our multifamily hard money loans financing lenders nationwide.
A NINA Loan (No Income No Assets), allows borrower to state no income and state no assets on the loan application. A NINA loan comes with higher interest rate than traditional mortgages. Normally this type of loans are used on business purpose loans.
No Doc Multifamily Mortgage Loans. We offer No doc multifamily loans and no doc mortgage loan programs against owner occupied and non owner occupied properties for business purpose. Normally a No doc mortgage loan is one which requires No Income Verification and where borrower is not required to provide income documentation to verify their income.
No Income Verification Multifamily mortgage loan program is when the lender doesn’t require you to prove your income to meets certain requirements. Normally No income verification works best for self employed borrowers, 1099 consultants, contractors, commission-based salary and in many other cases. We offer No Income Verification Loans for purchase, refinance, home equity & second mortgage for business purpose. Contact us for stated income multifamily hard money loans financing lenders.
No Doc, No DSCR Multifamily hard money loans financing lenders
What is Debt Service Coverage Ratio (DSCR) used for Rental Investment Properties
The debt service coverage ratio (DSCR) are normally calculated for Investment Rental properties, also known as "debt coverage ratio" (DCR), is the ratio of operating income available to debt servicing for interest, principal and Insurance payments. It is a popular benchmark used in the measurement of an entity's (person or corporation) ability to produce enough cash to cover its debt payments. The higher this ratio is, the easier it is to obtain a loan.
The Debt Service Coverage Ratio (DSCR) is a simple way of measuring the ability of an investment rental property to pay all its operating expenses and any debt that may be against the rental property. Many commercial lenders uses DSCR for calculating income on rental properties, Multifamily properties, Mixed Use properties, Office Retail buildings and other income producing commercial properties.
A No DSCR loan is where the lenders does not use ratio for qualifying the loan. We Provide No DSCR loans, Equity based rental property loans, No Doc rental property loans & Stated Income Investment Property Loans Lenders. We have access to No DSCR multifamily hard money loans financing lenders nationwide. Contact us to find the best loan program for adjustable or 30 year fixed commercial loans.
Stated Income Commercial Multifamily Hard Money Loans Financing Lenders
Also we provide equity based, stated income, no doc private hard money loans & Financing for the following commercial property type;
Apartment Building Loans, Auto Body Repair Shop Loans, Auto Dealership, Anchored Strip Center Loans, Assisted Living Facility Loans, Bowling Alley Loans, Car Wash Loans, Church Loans, Commercial Warehouse Loans, Construction, Convenience Store Loans, Condominium, Congregate Care Facility, Day Care Center Loans, Dental Office, Fitness Center Loans, Funeral Home Loans, Garden Apartment Loans, Gas Station Loans, Golf Course Loans, Health Club, Healthcare Financing, Hotel Loans, Industrial Property Loans, Marina Financing, Medical Office Loans, Mini Storage Loans, Mixed-Use Loans, Motel Loans, Mobile Home Park Loans, Manufactured Homes, Multi-Family Homes, Nursing Home Loans, Office Building Loans, Restaurant, Retail, Rental Property Loans, SBA Loans, School, Self Storage Loans, Senior Housing Loans, Veterinary - Animal Clinic Animal Hospital, Warehouse Loans.
Find Local Multifamily Hard Money Loans Financing Lenders
We provide multifamily loans financing lenders 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
Find Multifamily Commercial Lenders in AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
We also provide multifamily loans financing lenders for Commercial Multi-Family property in your Local 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.
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