Highlights
Program Overview
- Loan amounts: $150,000 – $10,000,000+
- Up to $250M for larger projects (case-by-case basis)
- Leverage: Up to 80% LTV | Up to 70% ARV
- Terms: 12–24 months
- Closings in as little as 10–20 days
- Competitive rates and points based on deal strength
Borrower Profile
- Intermediate to experienced operators preferred
- Designed for multifamily acquisitions and value-add strategies
- Flexible structuring based on deal quality and execution plan
Eligible Properties
- Non-owner-occupied
- Multifamily properties (no maximum unit limit)
- Mixed-use properties
- Single-family homes
- Condominiums
- Townhomes
- Planned Unit Developments (PUDs)
Ineligible Properties
- Manufactured or mobile homes
- Co-ops
- Condotels
- Leasehold properties
- Highly specialized or unique assets