Multifamily loans bring big value to investors.
Learn how a multifamily loan has potential benefits and advantages for commercial investors.
Value-Add Rehab
Loan Purpose: Acquisition, Rehab, Refinance, Cash-Out Refinance
Term: 2 years
Interest Only: Yes
Interest Rate: As low as 7.5%
Interest Rate on Undrawn Rehab Funds: 0%
Prepayment Penalty: None
Rehab Funds: Yes
Loan Limits: $250,000 – $7.5MM
Loan-to-Cost (Purchase): 80%
Loan-to-ARV (Refinance): 70%
Cash-Out Refi: Available (55% LTV Cap)
Non-Recourse Available: Yes
Foreign National Borrower: Yes
Stabilized
Loan Purpose: Acquisition, Refinance, Cash-Out Refinance
Term: 2 years
Interest Only: Yes
Interest Rate: As low as 6.99%
Interest Rate on Undrawn Rehab Funds: N/A
Prepayment Penalty: None
Rehab Funds: None
Loan Limits: $250,000 – $7.5MM
Loan-to-Cost: N/A
Loan-to-Value: 75%
Cash-Out Refi: Available (60% LTV Cap)
Non-Recourse Available: Yes
Foreign National Borrower: Yes
Loan Advantages
Non-Recourse Option: Available
“As-Is” DSCR Requirements: None
Closing Costs Rolled into Loan Amount: Yes
Interest Charged on Undrawn Rehab Funds: None
Eligible Markets: Primary, Secondary & Tertiary
Eligible Property Classes: Class A, Class B & Class C
Fast due diligence and closings
Dedicated analyst for each loan file
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Manatee Mortgage Consultants
Tampa Bay, Florida