When it comes to residential real estate, there is increasing demand for multi-family housing making this asset class a desirable venture for builders and investors alike. Leverage the Business Lending Partners platform of Multi Family lenders that will give you access to capital that you ordinarily would not find on your own. Whether you are building a new multi-family complex or looking to acquire a building to renovate, remodel, and resell, we have financing solution for every situation.
Solutions from our trusted financing partners include:
- Property Reposition/Conversions
- Conventional Acquisition & Refinancing
- Government Programs including HUD and Fannie Mae
Multi Family Lending Program Overview
|Uses||Ground up development or renovation of existing property||Quick closing timeline/reposition or stabilize||Acquisition and Refi of Existing Properties||Acquisition and Refi of Existing Properties|
|Term||12-36 Months Interest Only||12-36 Months Interest Only||Up to 25 Years||35 Years|
|Rates Start At||Start at Libor +3||Start at Libor +3||Prime + 1||Prime +.5%|
|LTV/ LTC||To75%||To 80%||To 80%||85%|
|Timeline to Funding||30-45 Days||30-45 Days||60 Days||90 Days|
Have A Question? We Have An Answer
Interested in learning more about how we can help you achieve your financing goals? Get in touch with us today and schedule a consultation with one of our experts. We would be more than happy to connect with you and show you the wide range of lending and financing options you have available to you when you choose to work with BLP.