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Which Multifamily Loan Is Best for You?

(1) FHA/HUD, Fannie Mae & Freddie Mac Loans:

  • Nationwide
  • $1 Million to $100 Million+
  • Multifamily, mixed-use, mobile home parks (15+ pads), affordable, student, assisted living, nursing homes and skilled nursing care facilities 
  • 2.75% to 4.5% Fixed for 30 to 35 years
  • Our fee is built into the interest rate
  • Fully amortizing for low monthly payments
  • Refinance and cash-out up to 80% of appraised value
  • Finance purchase up to 90% of purchse price Please click our Fast Track Bridge Loan Program for more information and likely terms how to close purchases in 45 days
  • No balloons
  • Nonrecourse
  • Assumable
  • No tax returns required
  • Primary locations with 50,000+ population within 5 miles 
  • For stabilized, maintained, 90%+ occupied properties & annual leases paid monthly
  • Debt Service Coverage Ratio 1.25X+
  • Must have similar multifamily ownership experience 
  • 660+ credit 
  • Borrower net worth greater than loan amount (all key principals combined) 
  • Borrwoer liquidity 10%+ of loan amount (all key principals combined)
  • No bankruptcy or foreclosures last 5 years
  • Eagle is a correspondent lender for the largest FHA-HUD Commercial Lender in the USA. We close more than half of all FHA-HUD commercial loans. All the banks and other lenders close less than the other half. We rank in the top 8 to 10% for FNMA and Freddie MAC in the USA.
  • No upfront fees; we are paid when your loan is funded at closing.

(2) Low rate multifamily private money loans for credit worthy investors with stabilized properties who want a better alternative than bank financing…

  • Nationwide 
  • 5+ units (A, B & C property types)
  • 100,000+ population
  • $1 Million to $20 Million
  • 3.25% to 4.85%+
  • Low points and loan costs
  • 5 Year Fixed
  • Amortization 25 years for low monthly payments 
  • Interest only option (12 to 36 months)
  • Finance up to 75% of purchase price
  • Refinance and cash-out up to 75% of appraised value
  • Experienced borrowers with 680+ credit 
  • No prepay
  • Nonrecourse
  • For stabilized, well maintained, 90%+ occupied properties
  • Monthly/annual leases
  • No tax returns required
  • Net worth (combined for all key principals) greater than loan amount  
  • Liquidity (combined for all key principals) greater than 25% of loan amount
  • No bankruptcy or foreclosures in last 5 years
  • Reserves typically not required
  • DSCR 1.15+
  • PRE-APPROVAL LOI in 48 business hours
  • Loans funded 4 weeks after we receive your completed loan docs
  • No upfront Eagle fees..we are paid when your loan is funded at closing

(3) Multifamily small balance private money loans | 650+ Credit and no tax returns required… 

  1. Nationwide
  2. $500,000 to $2.5 Million 
  3. 6.75% to 8.99%+
  4. Amortization 30 years for lower monthly payments
  5. Refinance and cash-out up to 70% of appraised value
  6. Finance up to 70% of purchase price
  7. 10 year hybrid; 3 to 5 year fixed then WSJ Prime + 3% with 10 year balloon with caps
  8. Prepayment: 3/2/1/ or 5/4/3/2/1 declining 
  9. Property 80%+ occupied with tenants rent current
  10. Annual leases paid monthly
  11. Debt Service Coverage Ratio: 1.25X+
  12. Experienced borrower with similar multifamily property(s) 
  13. No bankruptcy, foreclosures, delinquincies or charge offs last 5 years
  14. Full recourse and personal guarantee
  15. Low loan costs
  16. Points: 3+
  17. PRE-APPROVAL LOI in 24 business hours 
  18. Loans funded 4 weeks after we receive your completed loan docs
  19. No upfront fees..we are paid when your loan is funded at closing.

(4) Multifamily hard money bridge loans; an immediate solution to urgent problems…

  • Fast cash-outs
  • Quickly refinance expiring loans 
  • Rehab to create immediate value, greater upside potential and qualify for permanent financing when rehab completed and property is stabilized   
  • Carry a subdivision development until homes sold
  • Stabilize low occupancy property so it’s cash flow qualifies for a permanent loan
  • Buy-out a partner
  • Pay off tax liens, judgements and avoid foreclosure

Hard money multifamily bridge loan likey terms:

  • Nationwide 
  • $1 Million to $35 Million
  • 12 to 36 months
  • 7.99% to 10.75%+
  • Interest only
  • Prepayment penalties: none after pay 6 months interest 
  • Finance 60% to 70% of purchase price
  • Refinance and cash-out 60 to 70% of appraised value
  • Finance Rehab & Construction up to 75% LTC up to 70% of ARV
  • No minimum credit scores
  • Loans close 3 to 6 weeks after we receiveb your loan docs

Get Your Free Multifamily or Healthcare Loan PRE-APPROVAL LOI in 48 Business Hours by clicking the blue Multifamily Loan Link. Will take you less than 6 minutes to click through. No upfront fees, Social Security Numbers, credit checks or credit cards are required.

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