Streamlining the Multi-Family Property Financing Experience
Experience the easiest process for multi-family loans when financing properties through our fixed and adjustable rate programs from $500,000 to over $50 million.
We Work with Commercial Multi-Family Lenders that Close Deals
If you’re looking to purchase or refinance a multifamily property, our lenders have exciting loan options that are perfect for investors. We offer industry-leading loan solutions that provide you with the flexibility and leverage needed to capitalize on multi-family (5 units and more) real estate opportunities in San Clemente, San Diego, Los Angeles, San Jose, San Francisco, or Sacramento, California, and throughout the United States. Whether it’s a value-add project or a short-term hold strategy for seasoning purposes, Provident Commercial Capital can help you get it financed.
Multi-Family Loans
- Property Types:5+ Units
- Loan Amount:$500k - $50M
- Base Rate:6%
- Transaction Types:Purchase, Rehab, Rate/ Term Refinance, Cash-out Refinance
- RepositioningRefinance LTV: 75%
Purchase LTV: 80% - Max LTC:80%
- Term Lengths:Bridge - Up to 36 Months
Term - 5, 7, 10, or 30 Year - Demographic:Nationwide
- Minimum FICO:620
Benefit from Provident's Multi-Family Lending Expertise
Experienced multi-family loan underwriters at Provident Commercial Capital offer a real-life, common-sense approach to underwriting that looks at the big picture. We structure multi-family commercial mortgages according to your specific needs with competitive rates, reliability, and short-term hold strategies. We are here to provide you with flexible loans for your multi-family property investment whether you are looking to purchase or refinance – our clients choose us again and again for long-term success.
Competitive Rates & Terms
Provident Commercial Capital offers a trusted suite of multi-family loan products that are tailored to serve as competitive yet flexible solutions for all multi-family lenders.
Quick and Reliable
Our loan experts understand the complexities of multi-family loans and are here to make everything run smoothly for you. We understand that time is of the utmost importance, so we've done our best to make the process as fast and efficient as possible.
Personalized Service
When you work with us, we provide personalized service that ensures efficiency and success in your project—from the initial paperwork to closing. We'll guide you through every step.
Multi-Family Loans for Every Strategy
Our multi-family loan options are tailored to meet the needs of any investor. Provident will work with you to ensure that you maximize your Return on Investment (ROI).
3 Easy Steps to Commercial Real Estate Financing
Quick & Easy Application
Our team is here to answer your questions and get you approved. So don't wait—fill out our short online application or call us at 1-866-519-4440 today!
Get Approved Quickly
Our goal is to underwrite your multi-family loan file as efficiently as possible so that you're not confronted with any unnecessary delays or roadblocks. With us, obtaining a term sheet can be done in a fraction of the time.
Close Quickly
Provident knows how to transfer your multi-family loan application efficiently through the closing process until everything is complete and funded successfully.
Frequently Asked Questions
Multi-family loans provide larger loan amounts with great flexibility, ranging from $500,000 to more than $50 million. Multi-family loans are ideal for those looking to purchase or refinance stabilized multi-family properties and can provide a sturdy foundation for long-term success and stability.
With over 30 years of experience, Provident knows the ins and outs of multifamily financing, from required documents and rates to taxation. Whether you’re just getting started or have been in the game for a while, their expertise can help make the process smooth and straightforward.
Multi-Family Unit: Multi-family units may have up to four units and are considered residential for the purpose of financing. Multi-family mortgage loans provide the same debt structures available in single-family home loans.
Commercial Property: Loans for multi-family properties of 5 or more units require bigger down payments and shorter repayment terms, making it more difficult to acquire capital to purchase multi-family units.
Usually, it’s 20%. Investors typically need higher down payments for multifamily loans than owner-occupants unless it’s a value-add deal.
For long-term financing, most institutional lenders do have a 1.25 DSCR requirement. For flex / non-qm financing, lenders can have as low as 1.10 DSCR. For value-add bridge financing, there is typically no debt service coverage requirements.
Some lenders may require interest reserves to cover the interest payment of your multi-family loan during periods of no income, or they will require the sponsor to show higher liquidity.
Get Funded
Secure your commercial real estate loan today!