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Major Structural Rehab Loans (10 to 200 Units)

Multifamily, Mixed-use and Commercial Properties

Qualified applicants: experienced developers, builders, rehabbers, and investors 

Eagle is a Direct Private Commercial Lender in 44 States.

We partner with various investors to fund our loans.

No upfront fees, tax returns or income verification required

Urban, suburban and rural properties 

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

Loans funded in 2 to 4 weeks 

Fast in-house draws  

Finance, refinance or cash-out up to 80% of purchase price/loan payoff plus 100% of rehab up to 85% Blended LTC to 75% ARV 

Loan amounts: $1 million to $50+ million per property (smaller loan amount per property minimums for portfolio loans over $1 million)

Term: 12 to 36-months 

Competitive fixed rates paid only on drawn funds

Interest only 

Prepayment penalty: 3 to 12 months interest  

Origination: 1 to 2+points 

Mid FICO Credit Score: 660+ 

Non-recourse available with lender discretion

Eligible property types: 

  • 10 to 200 unit multifamily, mixed-use, and commercial proporties 
  • Class A, B or C 
  • Market rate, workforce, affordable housing, Section 8 and HAP contracts  
  • Condo style townhomes
  • Assemblages of 1-to-4-unit dwellings operated as a single multifamily property 
  • Student housing
  • Assisted Living

Eligible borrowers: Corporations, LLC’s, partnerships, and syndication structures 

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

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

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

Seller notes or other 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 

To submit your 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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