Call Us: 1800-960-2745

E-mail: info@serrano-capital.com

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LONG-TERM MULTI-FAMILY LOAN

A hard money loan intended for new and experienced real estate investors seeking funding for 5 to 9-unit apartments.

Benefits for Borrowers

QUALIFICATION

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

PRICING

$100,000 Minimum Loan Amount
$2,000,000 Maximum Loan Amount

LOAN TERMS

30-Year Term
Amortization Options Available
0 & 5 Year Prepayment Penalty
Options Available

MAX LEVERAGE

Purchase: Up to 67.5% of As-Is Value or
Up to 67.5% of Loan-to-Cost
Refinance: Up to 67.5% of As-Is Value
Cash-Out: Up to 65% of As-Is Value

REQUIRED DOCUMENTATION

Loan Application
2 Months of Bank Statements
Tax Returns
Corporate Documents

FEES

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

ELIGIBLE PROPERTIES

Multi-Family Real Estate
5 to 9 Unit Apartments

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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