Long Term Multi Family

Loan Program

Long Term Multi Family Loans

FundRock Capital offers short-term bridge financing, fix and flip financing, & long-term rental financing for 5+ unit apartments.

LOAN CRITERIA

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
Purchase: Up to 70% of the As-Is Value Refinance: Up to 70% of the As-Is Value Cash-Out: Up to 65% of the As-Is Value

Long-Term Multi-Family
Loan Program Typical Leverages

PURCHASE

PURCHASE

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

REFINANCE

REFINANCE

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

CASHOUT

CASHOUT

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

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