Small Multifamily and 5+ Unit Loans

Two paths, depending on unit count

Business-purpose, non-owner-occupied only. Nothing here is a commitment to lend or an offer of specific terms; all loans subject to underwriting and approval.

Who this loan is for

• Investors moving up from single-family to their first small apartment building.
• Value-add buyers picking up an under-managed building with below-market rents and a plan to fix both.
• Owners refinancing a stabilized building to pull equity or get out of a maturing loan.
• Investors in Minnesota, Oregon, Idaho, and Utah, where our lending is limited to commercial and 5+ unit multifamily.

What you'll need

Bigger deals live and die on the package. The more of this you send upfront, the faster we can tell you where it stands:

• The property: address, unit count and mix, year built, and condition.
• The numbers: purchase price or current value, what you owe, and what you need.
• The income: a current rent roll and trailing operating statements (often called a T-12).
• The plan: hold as-is, renovate and raise rents, or reposition — plus the exit.
• You: your experience owning or managing similar property, your entity, and your reserves.

Why we ask to see bigger deals first

A fourplex and a 24-unit building aren't the same loan with more zeros. Larger multifamily gets underwritten on the building's income and expenses, the market, and the operator's track record — and the right capital source changes with each of those. Rather than force every deal into one terms sheet, we look at it, tell you straight what's possible, and either fund it or put it in front of the lender in our network who's the best fit.

Not sure what a lender will want to see? Start with what makes a deal fundable. Ready? Send us the deal.