5+ Unit Multi-Family Property Loan Programs Loans for 5+ unit properties are designed to finance large multi-family buildings with five or more residential units. These properties are considered commercial real estate, and financing is based primarily on the income and performance of the property, rather than the borrower’s personal income. These programs are ideal for real estate investors, portfolio owners, and developers looking to purchase, refinance, or expand multi-family assets.
Who Are These Loans For? 5+ unit property loans may be a good fit if you: Are an investor purchasing or refinancing a multi-family building Own or plan to own income-producing residential properties Want financing based on property cash flow (DSCR) Are growing or repositioning a rental portfolio
Eligible Property Types Apartment buildings (5+ units) Mixed residential multi-family properties Stabilized or value-add properties Affordable housing projects (program dependent)
How 5+ Unit Loans Are Evaluated Approval is typically based on: Property income and operating expenses Debt Service Coverage Ratio (DSCR) Rent rolls and lease agreements Property condition and location Borrower experience and financial strength
Key Benefits Financing based on property performance Long-term loan options available Fixed and adjustable rate structures Ability to refinance or access equity Scalable solutions for portfolio growth
What to Expect 5+ unit property loans typically require: Rent roll and operating statements Appraisal and property condition report Environmental review (Phase I, program dependent) Larger down payment compared to residential loans Professional property management (program dependent)