Streamlining the Multifamily Property Financing Experience
Experience an easy loan process when financing multifamily properties through our fixed and adjustable rate loan programs from $500K to more than $50 million.
We Work with Commercial Lenders that Close Deals
If you’re looking to purchase or refinance a multifamily property, our lenders have exciting multifamily 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 multifamily (5 units and more) real estate opportunities in San Clemente, CA, 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.
- 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
- Minimum FICO:620
Benefit from Provident's Multifamily Lending Expertise
Experienced multifamily loan underwriters at Provident Commercial Capital offer a real-life, common-sense approach to underwriting that looks at the big picture. We structure multifamily 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 multifamily 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 multifamily loan products that are tailored to serve as competitive yet flexible solutions for all multifamily lenders.
Quick and Reliable
Our loan experts understand the complexities of multifamily 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.
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.
Multifamily Loans for Every Strategy
Our multifamily 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).
4 Easy Steps to Commercial Real Estate Financing
Competitive Rates & Terms
Customized multifamily lending solutions at the forefront of the market with compelling rates and terms.
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 multifamily 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.
Provident knows how to transfer your multifamily loan application efficiently through the closing process until everything is complete and funded successfully.
Frequently Asked Questions
Multifamily loans provide larger loan amounts with great flexibility, ranging from $500,000 to more than $50 million. Multifamily loans are ideal for those looking to purchase or refinance stabilized multifamily 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.
Multifamily Unit: Multifamily units may have up to four units and are considered residential for the purpose of financing. Multifamily mortgage loans provide the same debt structures available in single-family home loans.
Commercial Property: Loans for multifamily properties of 5 or more units require bigger down payments and shorter repayment terms, making it more difficult to acquire capital to purchase multifamily units.
For owner-occupants, your choices include FHA loans, Veterans Affairs loans, or conventional mortgages. On the other hand, multifamily investors are limited to obtaining conventional or private mortgage loans only.
Secure Your Commercial Loan Today!