Multi-Family

Rates start at 3.750% on our 30 year FIXED, 5/1 ARM & 10 year Interest Only

• Investment Non-owner occupied ONLY
• SFR, 2-4 Units, 5-8 Multifamily and Mixed Use properties
• Loan amounts from $150,000 to $ 2,500,000.00
• No personal income verification
• Qualifying based on property income and expenses
• DSCR as low as .75x on 1-4 properties; min 1.0x on MF and MU
• If property is currently vacant, we will use market rents for DSCR calculation.
• 6 months reserves for the subject property only with last 2 month’s asset statements
• Flexible Prepayment Penalty – 5 to 1 year PPP (6 months interest)

Commercial Loans Florida