HSC’s multifamily loan program provides investors funding for the purchase and renovation of small balance multifamily properties.
HSC’s quick funding multifamily loans can help you get your property stabilized faster.
Multifamily Loan Terms*
| Interest Rate | Origination Fee | Loan Term | Extensions Available | Pre-Payment Penalty | Max Loan To Purchase | Max Loan to Renovation | Max Loan to Total Project Cost | Max Loan To ARV | Minimum Credit Score | Experience |
|---|---|---|---|---|---|---|---|---|---|---|
| Starting at 8% | 1 - 3% | 12-24 Months | Yes | None for 12-Month Product | Up to 80% | Up to 100% | Up to 75% | Up to 70% | 650 | Prior RE investing experience required |
Loan Criteria
| Project Type | Property Type | Lending Areas | Loan Size | Lien Position | Borrower Entity Type | Recourse |
|---|---|---|---|---|---|---|
| Purchase, Renovation, and Refinance | Multifamily (5+ units) & Eligible Mixed Use (>50% gross leasable area must be residential) Investment Properties | NY, NJ, CT, PA, FL, TX | $500k - $10M | First | LLC, Corporation, Partnership, Trust | Personal guarantee |
Our commitment
Speed
We can give you a preliminary decision right away and can close loans in as quickly as 10 business days.
FLEXIBILITY
We have multiple loan programs to meet your borrowing needs or we can customize loan terms for deals that make sense for you.
TRANSPARENCY
HSC has a clear and straightforward loan process so you know where your loan stands at all times.
DEPENDABILITY
We are committed to providing you reliable financing so you can count on us to be there when you need us.