Multi-family loans, also known as apartment building loans or multi-unit property loans, are specifically designed for the financing of properties that have multiple residential units. These loans are commonly used for properties such as apartment buildings, condominium complexes, townhouses, and other multi-unit residential buildings. Multi-family loans are typically considered commercial loans, as they involve income-generating properties. Therefore, lenders will evaluate the property’s income potential, expenses, and cash flow. We may require additional documentation, such as rent rolls, profit and loss statements, and property management plans.

It’s important to work with a mortgage broker who specializes in multi-family loans to understand the specific requirements and options available. We can help guide you through the loan process, determine your eligibility, and assist you in choosing the most suitable loan program for your multi-family property investment.