Multi-family Loan
Short-Term & Long-Term Financing for Real Estate Investments
- Home
- Multi-Family Loan
Multi-Family Financing Solutions
Use our multi-family program for all of your apartment needs, whether it’s for some quick cash or your looking for strong market rates! We lend nationwide for 5+ units and underwrite everything from private money to your standard multi-family traditional programs. We have stated fixed rates with 30 year amortizations no taxes, no w-2 and no 4506t! Foreign nationals are ok with a SSN or ITIN and US residency.
SHORT TERM
- Collateral: Multi-Family Apartment Buildings (5+ Units); Mixed-Use Properties (Residential Space Must Represent 70%+ of the Property’s Total Square Footage).
- Term: 12 – 18 Months (Extended Terms Available).
- Loan Amount: $500k – $20M.
- FICO: 660 Minimum.
LTV:
- Purchase: 100% of the As-Is Value.
- Refinance: 100% of the As-Is Value.
- Cash-Out: 100% of the As-Is Value.
Fix & Flip:
- Purchase: 100% of the Purchase Price + 100% of Renovation Costs.
- Refinance: 100% of the As-Is Value + 100% of Renovation Costs.
- Cash-Out: 100% of the As-Is Value + 100% of Renovation Costs.
LONG TERM:
- Collateral: Multi-Family Apartment Buildings (5-9 Units).
- Term: 30-Years (Amortization Options Available).
- Loan Amount: $500k – $20M.
- FICO: 620 Minimum.
LTV:
- Purchase: Up to 100% of the As-Is Value.
- Refinance: Up to 100% of the As-Is Value.
- Cash-Out: Up to 100% of the As-Is Value.
Loan Programs
- Fix & Flip Loan
- Rental Loan
- Multi-family Loan
- Cash Out Refinance
- Business Loan
- Construction Loan
Get Funding
How It Works
Loan Process and Requirements
Step 1
Submit a Loan Request
It all starts here… complete our quick and easy online application, whether you have a deal that you need funded or need a pre-approval letter.
Step 2
Submit Supporting Documents
Provide the supporting required documents through our online portal, or email them to us, for our underwriting process. We will quickly turn around a commitment to you.
Step 3
Document Review
We will review the title commitment, appraisal, and all other documents so that your final loan documents can be produced.
Step 4
Closing
Once the closing has been executed, we will disburse the funds. Our average closing timeframe is 7 days
Join the satisfied customers who choose to work with Southern Mortgage Lenders, LLC.
At Southern Mortgage Lenders, LLC we are proud to fund commercial properties, multi-family residential, investment residential properties, fix and flip projects, land, and construction Nationwide
