MULTIFAMILY TERM
LoanKey
Makes Bridge
Loans Easy
LoanKey Multifamily Term loans provide you with a reliable funding source for landlords, multifamily investors and property managers looking for long-term financing for properties with 5 to 8 units.
Multifamily Term Terms
PROPERTY TYPES
5-8 Unit Residential Properties
LOAN AMOUNT
$250,000 - $3,000,000
LOAN TYPES
30-Year Fixed Rate Mortgage, OR 5/6, 7/6, 10/6 hybrid ARMs (Partial IO or Fully Amortizing)
RECOURSE
Full Recourse or Non Recourse with bad-boy carveouts and Pledge of Equity of Borrowing Entity
TERM LENGTH
30 Years
TERM LENGTH
If owned less than 3 months, 80% of Total Cost Basis.
If owned between 3 and 6 months, additional 5% haircut on Max Eligible LTV
John Doe
Developer
Attractive alternative to traditional bank and agency financing
Competitive rates, 30-45 day closing timelines and easy seasoning requirements..
John Doe
Developer
Common sense underwriting
No tax returns or borrower income information required, up to 75% LTV with cashout, easy step down prepayment penalty options.
John Doe
Developer
Funding for mixed use properties, including singles and portfolios
We fund residential properties with commercial units if the residential square footage is greater than 50% of the leasable area. You can combine multifamily term properties into portfolios with single property rentals and other multifamily properties.
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Working with Loan Key is as
easy as 1-2-3
