Multifamily 5+ units
Multifamily 5+ Units
Over the years, homes have changed from structures only meant for shelter to become investment properties. One of the latest property ventures on the market involves multifamily units. These units house more than one family. In the world of lenders, these units are categorized in two ways: • 2 to 4 units: Lenders consider these to be residential properties. • 5+ units: These fall under commercial properties. Here, you get a loan from a commercial lender to finance your property.
Mortgage Loans on Multifamily 5+ Properties
These are commercial loans on multifamily rental properties. The commercial lender provides you with flexible financing for apartments, condominiums and co-operative housing having 5 units or more. These loans are popular because they offer easy repayment plans. Financiers include HUD, FHA, Fannie Mae, Bridge and other private lenders.
How Can You Get the Right Financing Option for Your Property?
Some of the problems that face borrowers interested in these loans include extensive red tape, high volume of paperwork and extended approval times.
We believe your experience should be better.
At Mixed Use Mortgage, we help you get favorable terms from reliable lenders. Our first contact with you enables us to assess your situation and offer viable options. Over the past year, we have seen lenders close hundreds of millions of multifamily loans successfully.
It is time for you to be part of this successful commercial loan program.
Our unequalled efficiency and prompt service makes your loan application process easy and flawless. We have developed a close working relationship with commercial lenders across the country. These lenders won’t hesitate to say “yes’ to your application once they realize you have our backing. We understand the lender’s decision-making process when it comes to these loans.
This is why you need to work with us. Don’t hesitate to give us a call and discuss your options, consultation is free and never a fee.