Updated over 2 years ago on . Most recent reply
Multifamily loan rates
I know this fluctuates, but just want to see what other people are getting loan wise for a loan on multifamily over 5 units?
I've been recently quoted 10%, seems a bit steep...
Most Popular Reply
@Olga Daisel It depends if you are looking for a full doc, lite doc or no doc program. Also, your credit, LTV, DSCR all have direct effect on the rates. I highly suggest teaming up with a broker who you'd want to build a relationship with and truly understands the ins and outs of different underwriting guidelines.