Loan program
Bank, agency, and CMBS-style financing for 5+ unit multifamily and commercial.
Rate range
6.00% – 8.50%
Max LTV / LTC
65% – 75%
Term
5, 7, 10-yr fixed; 20–30-yr amortization
Long-term financing for stabilized income-producing real estate — priced on NOI, DSCR, and LTV.
Commercial financing is the graduation from residential. You'll trade speed and simplicity for lower rates, longer terms, and non-recourse — but only if the property is truly stabilized and the sponsor is bankable.
Multiple lender paths exist: agency (Fannie/Freddie multifamily), local/regional bank, CMBS, and debt fund. See our comparison guide for the right lane by deal size and hold horizon.
Small-balance (<$5M) usually recourse. Agency and CMBS non-recourse with bad-boy carveouts.
Underwriter-adjusted NOI ÷ actual debt service. Expect the lender to normalize the T-12 lower than what the seller shows.
Yes, though most commercial lenders want the sponsor to have prior CRE ownership experience.
Ranges shown are educational. Actual pricing and terms depend on your credit, the property, and current market conditions. Nothing on this page is an offer of credit.
