Commercial
Apartment building loans. Five units and up
Financing for multifamily buildings with five or more units. We shop your deal with lenders who specialize in them.
What a multifamily loan is
Buildings with five or more units are financed as commercial multifamily property.
Lenders focus on the building's income and condition, along with your experience.
Who it fits
- Investors buying apartment buildings
- Owners refinancing multifamily property
- Investors taking cash out of a building
- Experienced investors growing a portfolio
The steps
How it works with us
- Tell us about the buildingUnits, rent roll and your plan.
- One soft pullWe check your credit once, without affecting your score, and shop the file with 130+ lenders.
- Match the lenderWe find lenders whose rules fit the building and the deal.
- CloseWe keep the appraisal, lender and title moving, and get you to closing.
Get ready
What to have on hand
You don't need all of it to start. The application tells you what's missing.
- Photo ID for everyone on the loan
- Rent roll and leases
- Operating statements
- Purchase contract or current mortgage statement
- Entity documents, if closing in an LLC
Questions
Good to know
How do lenders qualify a building?
Mainly on its income and condition, along with your experience.
Can I close in an LLC?
Yes. Multifamily loans commonly close in an entity.
Can I refinance or take cash out?
Yes. We shop refinance and cash-out options.
What about 2 to 4 units?
See our duplex, triplex and fourplex page for those.