Multifamily Loans

Secure new heights with a multifamily loan

The Stronghill Multifamily loan program is for properties with five or more attached residential units. Our best rates are for properties with cash flow that easily supports the debt service, but we also have asset-based programs for transitional, repurposed or low vacancy properties.

Mixed-Use properties with five or more units qualify for our multifamily program if the majority of the rental income comes from the residential units.

Program Details

Loan Size $300,000 – $5,000,000
LTV Max / DSCR Min 75% / 1.20x
Rates 6.5%+
Rate Adjustments Credit Score, Loan Size, Market Size
Amortization/Term 5, 7, 10-Year Fixed Rate, 30-Year Amortization/Term
Property Types Multi-Family 5+ Units (7+ In NJ), Mixed Use (50%+ Must Be Residential)
Prepayment Premiums 3-Year Lock Out (Excluding Sale) with Descending Prepayment
Recourse Required (Limited Available)
Minimum Credit Score 660
Lender Fees 1-2%