Value-Add Financing for Multi-Family and Mixed-Use Projects
Commercial Rehab Financing at a Glance
Loan Amounts
Maximum LTC
Maximum LTV
Terms
Commercial rehabilitation loans provide specialized financing for value-add opportunities in multi-family and mixed-use properties. Our NIVA (No Income, Verified Assets) program focuses on property potential rather than current income, making it ideal for renovation projects ranging from light rehab to substantial construction.
The program evaluates projects based on both current value (LTV up to 70%) and total cost (LTC up to 80%), with a maximum after-repair value of 65%. Terms range from 12 to 24 months, allowing adequate time for renovation completion and stabilization, with required reserves that can be included in loan proceeds.
Finance a wide range of renovation projects from light updates to substantial rehabilitation. Our program accommodates various project sizes with loan amounts from $150,000 to $5 million. The flexible structure allows you to tackle different types of value-add opportunities while maintaining comfortable leverage ratios throughout the renovation process.
Welcome both experienced developers and first-time commercial investors. Our program removes common barriers to entry while maintaining appropriate risk management. The simplified qualification process focuses on project viability and property potential rather than extensive previous experience requirements.
Access up to 80% of project costs with loan terms ranging from 12 to 24 months. Our tiered pricing structure rewards strong credit profiles while remaining accessible to a broad range of borrowers. The program includes options for non-recourse financing and various term lengths to match your project timeline.
Take advantage of multiple loan purposes including purchase, rate-term refinance, and cash-out options. The program allows reserves to be included in loan proceeds and accommodates foreign nationals up to 65% LTV. This flexibility enables you to structure the financing around your specific project needs and timeline.
Our Commercial Rehab and Construction program focuses on project viability:
- 620+ FICO score
- 5-30 unit multi-family or mixed-use properties
- 3 months reserves (can be from proceeds)
- Detailed renovation/construction plan
- AMC appraisal required
- Clean title
Success in fix and flip projects requires more than just meeting minimum qualifications. We evaluate each application based on
Properties must be 5-30 unit multi-family or mixed-use buildings with clear value-add potential. All projects require approved AMC appraisal and desk review from approved vendors.
Credit scores starting at 620 with tiered LTV/LTC ratios. Three months reserves required but can be included in loan proceeds. Maximum ARV of 65% on all value-add loans.
Terms available for 12, 18, or 24 months with minimum 3 months interest. Non-recourse options available for an additional 1% up to 55% LTV.
If you meet these minimum requirements, you will then need to meet a plethora of additional financing and industry-based requirements that will be based on the size of the loan along with the intended use of the loan.
Get expert guidance on structuring your value-add project financing.
Long-Term Financing for Your Rental Property Portfolio Flexible Terms with Up to 80% LTV
Learn MoreConnect with one of our financing specialists at (855) 777-1069.