loans for residential multi-unit, multifamily construction projects
Loan terms starting at 12 months up to 18 months
Up to 85% LTC
Loans starting at $250,000 up to $10,000,000
Streamline’s Multifamily loan program is the best fit for a builder or developer building multiple residential units. It is very similar to our standard single family new construction loan, but is more tailored to the needs of a large scale takedown. Projects consisting of 5 or more units can qualify for the multifamily loan program. This program can apply towards land take downs and development that may include horizontal development.
Our team will work with you to understand your project’s unique set of needs to develop the best loan offering including phased development.
Don’t miss out on your next project. Get pre-approved today!
PROPERTY TYPES
5+ units consisting of apartments, condos, duplexes, triplexes, quads, townhomes, or mixed use projects with less than 25% commercial.
RESERVE REQUIREMENTS
Cash to close (if applicable) + 6 months of interest payments.
BORROWER QUALIFICATIONS
Minimum 660 Credit Score.
Must pass credit and background check.
Have a minimum of 1 completed, multifamily project within the last 3 years.
Experienced GC under contract to complete the project.