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Multifamily Rehab Loans

Short-term interest only rehab loan for multifamily, apartment.

Our business purpose program can be used to finance existing small and middle market investment properties and apartments that are stabilized or are in need of renovation with value-add or repositioning strategies.

Key Facts About Our Multifamily Commercial Loan

Multifamily Bridge Loan
LOAN PURPOSE
Multifamily bridge loans for purchase or refi of small and middle-market investment properties (5+ multifamily units) that are stabilized or in need of renovation/value-add.
LOAN AMOUNT
$500K - $5MM
LOAN TERM
12 to 24 months
BORROWER RECOURSE
Recourse and Non-recourse.
Non-recourse option will have standard carve-outs; availability will be determined on a case-by-case basis.
EXPERIENCE
Prior multifamily property ownership experience required
MAXIMUM LEVERAGE
LOAN-TO-COST (LTC)
LOAN-TO-VALUE (LTV)
COST IS PURCHASE PRICE AMOUNT
Up to 75% of purchase price and 100% of renovation costs subject to 80% total (LTC) | 70% of stabilized value (LTV)
Cash-out refi 65%
FOREIGN NATIONALS
Allowed with established US credit subject to 55% stabilized LTV max
PROPERTY TYPE
5+ unit Multifamily, min $35,000 per door

Acceptable properties are Class A, B and C grade. Class D properties will be considered on a case-by-case basis
MARKETS
Primary, secondary and tertiary
Over $8 Billion in loans for Real Estate Investors

Why Choose a Multifamily Loan?

  • Up to 100% financed renovation with a completed project and future rental value analysis
  • Provides short-term placement with an outlook for permanent financing at the end of the term of the loan

We have the product to meet your needs.

 Important Note: If you are a broker, please call your FACo Account Executive to initiate access to your new and enhanced portal. If you don’t know who your Account Executive is, please call 1-800-227-8107.

Get Started

Complete the form below and a member of our experienced sales team will reach out to you directly to discuss your goals and answer any questions you may have.







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