Call Us: 1800-960-2745

E-mail: info@serrano-capital.com

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SHORT-TERM MULTI-FAMILY LOAN

A hard money loan intended for new and experienced real estate investors seeking funding for 5+ unit apartments and mixed-use properties nationwide.

Benefits for Borrowers

QUALIFICATION

620 Minimum FICO Score
12 Months of Cash Reserves
No Derogatory Public Records in the Past 2 Years

PRICING

$250,000 Minimum Loan Amount
$10,000,000 Maximum Loan Amount

LOAN TERMS

$50,000 Minimum Per Door Requirement
18 Month Term
6 Month Extension Available
No Pre-Payment Penalty

FEES

$25 Credit Check
Cost of an Appraisal
Points at Closing
$995 Legal Fee at Closing

REQUIRED DOCUMENTATION

Loan Application
1 Month of Bank Statements
Corporate Documents

ELIGIBLE PROPERTIES

5+ Unit Apartments
Mixed-Use Properties

LTV: FIX & FLIP

Purchase: Up to 80% of the Purchase Price
+ 100% of Renovation Costs
Refinance: Up to 70% of the As-Is Value
+ 100% of Renovation Costs
Cash-Out: Up to 65% of the As-Is Value
+ 100% of Renovation Costs

LTV: STABILIZED BRIDGE

Purchase: Up to 75% of the As-Is Value
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value

Quick Close

Close in 2 to 3 weeks or in as little as 10 days on repeat business.

Easy

Low documentation and simple application process.

Transparent

All fees and payments clearly disclosed.

Aditional Information

At Serrano Capital, we strongly emphasize the significance of being a dependable member of our clients’ teams and assisting them in reaching their objectives.

Helpful Links

Quick Links

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