Multifamily Term Loan Program

Long-Term Financing Solutions for Multifamily Properties Competitive Terms for 5-8 Unit Properties

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What to Expect

Multifamily Term Financing at a Glance

Loan Amounts

$500,000 - $3,000,000

Options

5/6, 7/6, 10/6 ARMs or 30-Year Fixed

Maximum LTV

Up to 70% LTV for Strong FICO Borrowers

Flexible

Finance Up to 5 Properties Per Loan

Multifamily Term 101

What are Multifamily Term Loans?

Multifamily term loans are specialized financing solutions designed for properties with 5-8 residential units. These loans offer longer-term financing options with both fixed and adjustable rate terms, providing stability and flexibility for multifamily property investors seeking to build or maintain their portfolios.

How do Multifamily Term Loans Work?

These loans qualify based on the property's net operating income and debt service coverage ratio (DSCR). With options for both purchase and refinance, including cash-out opportunities, they provide stable, long-term financing with competitive terms. The program offers multiple options including 30-year fixed rate mortgages and adjustable-rate terms with interest-only periods.

Benefits of Getting a Multifamily Term Loan Through Joseph Capital Network

Flexible Loan Structure

Choose from multiple loan options including 30-year fixed rate or adjustable-rate terms with 5, 7, or 10-year fixed periods. Interest-only options available to help maximize cash flow during the initial years.

Portfolio-Friendly Terms

Finance multiple properties up to $3,000,000 with up to 5 properties per loan. Our program accommodates both individual properties and small portfolios, with terms designed for long-term investment success.

Competitive Market-Based Terms

Different DSCR requirements based on market size (1.20x for top markets, 1.30x for small markets, 1.40x for very small markets) ensure appropriate terms for your specific location.

Professional-Grade Financing

Designed for experienced multifamily investors, with options for both self-managed and third-party managed properties, providing the flexibility needed for various management approaches.

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Minimum Requirements to Qualify

Our multifamily term loan program is designed for experienced investors managing larger residential properties. Basic requirements include:

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- Minimum credit score requirements based on LTV

- Properties must be 5-8 residential units

- Minimum DSCR based on market type

- Clean credit history for past 3 years

- Property in approved location

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Understanding Multifamily Term Loan Requirements

Success with multifamily term financing depends on several key factors

Project Viability

The property's potential for value appreciation after improvements

Market Analysis

Local real estate trends and comparable sales

Experience Level

While we welcome first-time flippers with solid plans, experience can qualify you for better terms

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.