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Multifamily Major Structural Rehab Loans (10 to 100 Units)

Financing for experienced builders, rehabbers, and investors experienced

Eagle Commercial Funding Capital Corporation is a Direct Private Commercial Lender in 45 States and partners with several capital providers.

No upfront fees, tax returns or income verification 

Urban, suburban and rural properties 

Nationwide (except: AK, NV, ND, SD or VT) 

Loans close in 30-days or less 

Fast in-house draws  

Finance, refinance or cash-out up to 75% of purchase price/loan payoff and 100% of rehab up to 85% Blended LTC to 75% ARV 

Loan amounts: $500,000 to $9 Million per property 

Term: 12 to 36-months 

Competitive fixed rates; no interest on undrawn funds 

Interest only 

Prepayment penalty: 3 to 12 months interest paid 

Origination 2+ points 

Credit: 660+ 

Non-recourse available 

Eligible property types: 

  • 5 to 100 unit multifamily 
  • Class A, B or C 
  • Market rate, workforce, affordable housing, Section 8 and HAP contracts 
  • Mixed-use where <40% of square footage commercial 
  • Condos 
  • Assemblages of 1-to-4-unit dwellings operated as a single multifamily property 
  • Student housing  

Eligible borrowers: Corporations, LLC’s, partnerships, fund and TIC structures 

Eligible sponsors: US citizens, permanent resident aliens, foreign nationals 

No bankruptcy last 7 years 

No foreclosure, short sales or deed in lieu last 4 years 

Liquidity: cash-to-close; reserves of for monthly interest and project completion 

Net worth: for loans <$5 million: loan amount; $5 to $20 million: $5 million 

Seller notes or subordinated debt not permitted 

First mortgage 

Must close in entity name 

DSCR in place doesn’t matter but 1.20X+ with agency debt assumption in 2 years  

From initial application to loan payoff, we’re here for you.

Let’s Finance Your Next Deal! 

To submit your online loan request, click the blue GET STARTED Link for PRE-APPROVAL within 48 business hours for qualified borrowers.

No upfront fees, tax returns, income verification, credit cards, Social Security Numbers or credit checks required for PRE-APPROVAL. 

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