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Multi Family Long Term Rental - Fast Private Lending

MULTI-FAMILY LOAN

Long-Term Rental Financing

Short-term financing for 5+ unit

APPLY NOW

Looking for Funding for Mixed-Use & Multi-Family Properties?

Fast Private Lending LLC Provides Short-term bridge financing, fix and flip financing, & long-term rental financing for 5+ unit apartments & mixed-use Real Estate.

Collateral:

Multi-Family Apartment Buildings (5+ Units); Mixed-Use Properties (Residential Space is Great than 50% of Square Footage)

TERM:

18 Months (Extended Terms Available)
30-Years (Amortization Options Available)

Loan Amount:

Short-Term: $250k – $10M ($1M Max per unit)
Long-Term: 
$250k – $3M

FICO

Short-Term: 620 Minimum

Long-Term: 680 Minimum

LTV Stabilized Bridge

Purchase: Up to 80% of the As is Value

Refinance: Up to 75% of the As is Value

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

LTV Fix & Flip

Purchase: Up to 85% of the Purchase Price + 100% of Renovation Costs

Refinance: Up to 75% of the As-Is Value + 100% of Renovation Costs

Cash-Out: Up to 65% of the As-Is Value + 100% of Renovation Costs

LTV Long-Term

Purchase: Up to 75% of the As-Is Value

Refinance: Up to 75% of the As-Is Value

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

LOAN PROGRAM TYPICAL LEVERAGE & RATES

STABILIZED BRIDGE

 

Maximum
Loan-To-Value
Purchase Up to 80% of  the As-Is Value
Refinance Up to 75% of  the As-Is Value
Cash-Out Up to 65% of  the As-Is Value

LONG-TERM RENTAL

 

 

FICO Maximum
Loan-To-Value (LTV)
Maximum
Loan-To-Cost (LTC)
Purchase

700+

Up to 75% of the As-Is Value

Up to 75% Loan-to-Cost

Purchase

680 – 699

Up to 70% of the As-Is Value

Up to 70% Loan-to-Cost

 

FICO Maximum
Loan-To-Value (LTV)
Refinance

700+

Up to 75% of the As-Is Value

Refinance

680 – 699

Up to 70% of the As-Is Value

 

FICO Maximum
Loan-To-Value (LTV)
Cash – Out

700+

Up to 70% of the As-Is Value

Cash – Out

680 – 699

Up to 65% of the As-Is Value

Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.

Three Simple Steps to Get Financing

Apply

Complete our loan Application and Allow us to Conduct the Initial Due Diligence to Underwrite Your Commercial Deal

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Term Sheet

Review & execute our term sheet which Includes all the loan terms & costs associated with it.

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Closing

Our attorney will draft the loan documents and once signed the funds will be wired directly to your bank.

Get in Touch

716.444.4667
info@FastPrivateLending.com

Open Hours

8am – 8pm Everyday

Our Office

Clearwater, FL

Buffalo, NY

Email Us