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Join the MyVenture family for your next real estate venture. Our savy processes and competitive rates will get you funded for your next project in the most effective and efficient way possible.
About Multi-Family Term Lending
Investors with the goal to purchase, refinance, or cash-out of Commercial Multifamily or Commercial Mixed-Use properties can depend on us to fund their investment needs. Typically on the grander scale of investments, these properties offer a unique opportunity to generate a large return on investment. Our streamlined, in-house process will ensure the best investor experience while moving towards a quick close.
Multi-Family Term
Program Details
Interest Rate:
Rates Starting at 8.49%
Loan Size:
Minimum Loan Amount $500,000
Max to Loan Value:
Up to 75% LTV
Credit Score (FICO):
Minimum FICO 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
Frequently Asked Questions
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These loans fund the acquisition and refinance of commercial multifamily and mixed-use properties, with the goal of achieving a net positive cash flow.
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nvestors frequently purchase these properties with the goal of generating positive monthly cash flow and ultimately selling them for profit. In many cases, investors will acquire a commercial multifamily or mixed-use property and rehab the property with the goal of raising rents for the life of the property. Using this approach, the investors can appreciate the value of the building and sell when either the value of the property reaches its maximum or when maintenance costs become too high.
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Commercial term loans operate the same as our residential single to multifamily home loans. These range from 5/1, 7/1, and 10/1 ARM’s to a 30 Year Fixed Rate loan. In this program specifically, we can adjust the amortization schedule to best fit any investors needs.
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For these properties and loan types in particular, there is a $500,000 minimum loan amount. If you are unsure if your property will qualify, we recommend to reach out to our team directly and speak with one of our expert associates.