Multifamily and mixed-use loans
Multifamily and mixed-use loans: bridge to 75% of cost, DSCR to 75% of value.
Financing for apartment buildings and residential-over-retail property, from value-add acquisition through long-term hold. Use the bridge to buy and renovate, then refinance into DSCR once the building is stabilized.
Short term
Multifamily & mixed-use bridge
Acquisition and renovation financing sized on cost and after-repair value.
- Loan to cost
- up to 75%
- Loan to ARV
- up to 65%
- Min FICO
- 670
- Loan size
- $300k – $8M
- Term
- 12 – 18 months
- Closing
- 2 – 4 weeks
- Experience
- Scenario dependent
- Refinance: cash-out / R&T
- 55% / 62.5%
Long term
DSCR multifamily & mixed-use
Permanent financing for stabilized buildings, qualified on the rent roll. DSCR must be above 1.0.
- Purchase, to $1.5M
- up to 75%
- Purchase, to $2M
- up to 70%
- Rate-and-term refi
- 70% / 65%
- Cash-out refi
- up to 65%
- Min FICO
- 700
- Loan size
- $400k – $2M
- Prepayment options
- 1 to 5 years
Mixed-use rules
On the bridge, the commercial share of square footage and rent is capped by building size:
- 1–4 units: up to 35% commercial
- 5–10 units: up to 25% commercial
- 11+ units: up to 20% commercial
On DSCR, commercial space must be retail or office, occupied, and under 50% of the building:
- 2–3 units: 1 commercial unit max
- 4–5 units: 2 commercial units max
- 6–8 units: 3 commercial units max
- No vacant commercial space
How multifamily is underwritten
The building carries the file. Expect the lender to look at the rent roll, trailing operating statements, the renovation budget and the market rents that support the ARV — then at your experience running property of similar size.
Multifamily loan questions
What counts as multifamily?
Residential buildings with five or more units. Two to four units are financed under the fix and flip, bridge and DSCR programs.
Can I finance a value-add apartment deal?
Yes. The multifamily bridge lends up to 75% of cost and 65% of after-repair value for 12 to 18 months, then you refinance into DSCR once the building is stabilized.
What is the minimum loan for DSCR multifamily?
$400,000, with a maximum of $2 million and a 700 minimum credit score.
Easy Lending USA is not a lender, a bank, or a mortgage broker. We introduce real estate investors to independent private lenders, who make every credit decision. Business-purpose loans only. No upfront fees of any kind.