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Small Balance Multi Family Financing
At SNH MultiFamily Finance, Small Balance is of Big Importance. By offering a full spectrum of permanent financing options, SNH provides the same great level of service to multifamily property investors nationwide. As such, SNH is active in providing attractive rates and terms for both purchasing as well as refinancing stabilized assets (>80% Occupancy), including mixed-use properties (>50%residential)
To receive a prompt customized rate quote for your intended loan product, please complete one of our simple 1-2-3, confidential, online pre-qualification forms.
For any other questions or possible multifamily finance scenarios, please contact us for a straight-forward and prompt review of your financial objectives.
Small Balance Financing Options
- Loan Amounts from $300,000-$1,000,000 on properties of 5+ units.
- Select Markets, Nationwide.
- Up to 80% Financing on Purchases
- Up to 75% LTV for Refinancing, including Cash-Out
- 5 Year–30 Year Fixed Rates as low as 6.75%
- Typically 30 Year Amortization
- Customized Terms & Amortization to meet borrower’s objectives.
- Minimum 660 FICO on Principals, Minimum Net Worth $500,000
- 30–45 day closing
