Multi-Family and Commercial Loans
Financing for purchasing, repositioning, or refinancing multi-family, apartment, and commercial properties.Access the highest leverage, and lowest rates. Multi-family loans have evolved along with the market for the last 10 years, continuing to learn, grow, and connect with new partners across the country in order to provide unrivaled advisory service in the multi-family finance space.
What We Provide
Access the highest leverage, and lowest rates.
Financing for purchasing, repositioning, or refinancing multi-family, apartment, and commercial properties.
Access the highest leverage, and lowest rates. Multi-family loans have evolved along with the market for the last 10 years, continuing to learn, grow, and connect with new partners across the country in order to provide unrivaled advisory service in the multi-family finance space.
Uses of proceeds include:
- Up to 85% of Project Cost – land & development
- 12-24 Month Term – Interest Only
- Up to 75% Loan to Purchase, 100% development cost not to exceed 75% ARV
- Loans from $250k to $10M
- Nationwide Footprint
- Fast approvals and funding since we are not a bank
Tailored to meet your specific needs, and offer such features as:
- Loan amounts between $500k – $10M
- Nationwide Lender
- Origination fee starting at 1.5 %
- Interest only amortization
- Time of essence issues
- Partnership Buyouts
- Distressed or Transitional borrowers (credit or liquidity issues, bankruptcy)
- Bridge the seasoning
Documentation Required for Term Sheet
- Personal Financial Statement
- 2020,2021 + YTD Profit and Loss
- Operating Agreement/By-Laws
- Rent Roll (if applicable)
- Purchase/Sales Agreement (if purchase)
- Hud-1 (if purchased in the last 3 years)
- Resume / Background
- List of Improvements Made / Required
Term
- Typically 12 to 36 months during the initial loan term
- No pre-payment penalty
- INTEREST RATE
- Fixed Rate Starting at 9%+
- (Please contact us for lending matrix and current pricing)
- AMORTIZATION
- Interest only
FAQs
- Direct Lender
- Competitive rates and terms
- Nationwide Lending Platform
- Loans custom-tailored to meet borrower’s unique needs
- Capex and Rehab capital available
- Recourse
- Flexible prepayment provisions
- Broker submissions welcomed
Join Us on Your Investment Journey
At Elite Lending Partners, we are committed to helping you achieve your real estate investment goals. Whether you’re a seasoned investor or just starting out, our team of experts offers tailored financing solutions with competitive rates and flexible terms. Let us be your trusted partner on the path to financial success, providing the guidance and support you need every step of the way.