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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

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

Get Your Loan Today

We are excited to partner with you on your Real Estate journey.