REAL ESTATE FINANCING
Commercial Rehab
Finance acquisition, refinance and approved improvements to eligible multifamily or mixed-use properties.
See If Your Deal QualifiesProgram Details
- Best For
- Investors repositioning apartments or mixed-use buildings.
- Loan Amounts
- $150,000–$5 million
- LTV / LTC
- Value and cost limits vary by credit and project; all value-add loans subject to an after-repair value cap.
- Typical Terms
- 12, 18 or 24 months.
- Property Types
- Eligible small multifamily and mixed-use properties.
- Key Qualifications
- Typically 620+ credit score; verified assets and project feasibility. New investors may be considered.
- Important Requirements
- Approved appraisal, budget and reserves. Minimum three months interest applies even when no separate prepayment penalty applies.
LTV is loan-to-value. LTC is loan-to-cost. ARV is after-repair value. Each applicable limit must be met; advertised maximums are not available for every deal.
Get a current review.
Pricing is based on your property, experience, credit and current market conditions. Apply for a current quote.
Apply NowProgram availability and terms depend on the property, borrower and current underwriting. Maximums are conditional and are not a commitment to lend.