Multi-Family Term
About Multi-Family Term
Investors with the purpose to purchase, refinance, or cash-out of Commercial Multifamily or Commercial Mixed-Use homes can rely on JS Lenders to fund their funding needs.
Typically at the grander scale of investments, those homes provide a completely unique possibility to generate a big go back on funding.
Our streamlined, in-residence technique will make certain the excellent investor revel in even as transferring in the direction of a brief close.
Multi-Family Term
Interest Rate:
Rates Starting at 5.5%
Loan Size:
Minimum Loan Amount $500,000
Max Loan to Value:
Up to 75% LTV
Credit Score (FICO):
Minimum Credit Score of 680
Loan Term:
30 Year Term Available
Property Type:
Eligible Mixed-Use and 5+ Unit Multifamily Properties
DSCR (Debt Service Coverage Ratio):
Minimum DSCR of 1.25
Limitation:
No Special Use or Commercial Units Only
Where we lend
JS Lenders Lends in the following states
florida
New York
New Jersey
Connecticut
Texas
North Carolina
Pennsylvania