Multi-Family Loans

Levine Capital provides short-term bridge loans, fix and flip loans, and long-term financing for apartment buildings with 5 or more units.

LOAN CRITERIA

Collateral

Multi-family apartment buildings with (5+ Units) and mixed-use properties where residential space constitutes at least 70% of the total square footage.

Term:

12 – 18 Months (Extended Terms Available)

Loan Amount:

Short-Term: $250k – $2.5M ($1M Max per unit)

FICO:

Short-Term: 660 Minimum

Maximum Units

Up to 9 Units

LTV:

Stabilized Bridge

Fix & Flip

Typical Leverages for Short-Term Multi-Family Loan Program

STABILIZED BRIDGE PROGRAM

Purchase

MAXIMUM LOAN-TO-VALUE (LTV)

Refinance

MAXIMUM LOAN-TO-VALUE (LTV)

Cash-Out

MAXIMUM LOAN-TO-VALUE (LTV)

LOAN CRITERIA

Collateral

Multi-Family Apartment Buildings (5-9 Units)

Term:

30-Years (Amortization Options Available)

Loan Amount:

$100k – $2M

FICO:

680 Minimum

LTV:

Stabilized Bridge

Long-Term Multi-Family

Loan Program Typical Leverages

Purchase

FICOMAXIMUM LOAN-TO-VALUE (LTV)MAXIMUM LOAN-TO-COST (LTC)
740+Up to 70% of the As-Is ValueUp to 70% Loan-to-Cost
700 - 739Up to 70% of the As-Is ValueUp to 70% Loan-to-Cost
680 - 699Up to 65% of the As-Is ValueUp to 65% Loan-to-Cost

Refinance

FICOMAXIMUM LOAN-TO-VALUE (LTV)
740+Up to 70% of the As-Is Value
700 - 739Up to 70% of the As-Is Value
680 - 699Up to 65% of the As-Is Value

Cash - Out

FICOMAXIMUM LOAN-TO-VALUE (LTV)
740+Up to 65% of the As-Is Value
700 - 739Up to 65% of the As-Is Value
680 - 699Up to 60% of the As-Is Value

* Non-owner-occupied loans ONLY. All products are intended for residential properties.

** The rates shown represent the lowest possible options. The actual rates and deals you receive may change based on various approval criteria, including your FICO score, past experience, duration of ownership, among others.

*** We do not currently lend in the following states: