📊 Multifamily Underwriting Secrets: What Lenders See in Your Rent Roll 📊

[Stevan Stojakovic]

📊 You think your rent roll looks clean.

Then the lender reviews it - and suddenly your leverage drops.

🏦 Here’s the reality: lenders don’t just look at income totals. They read between the lines.

Every rent amount, move-in date, and T-12 entry tells them something about your management, your risk, and your property’s true stability.

A rent roll isn’t a formality. It’s an audit of your operations.

When leases are missing start dates, when scheduled rent doesn’t match collected income, or when one unit’s 30% below market - it raises flags. Lenders don’t guess. They adjust.

And every adjustment chips away at your loan amount.

Your T-12 tells the rest of the story. It shows whether that income is consistent or inflated, whether your expenses are justified, and whether your NOI is real or fragile.

💡 In our latest video, Multifamily Underwriting Secrets: What Lenders See in Your Rent Roll, we break down how underwriters actually interpret these numbers - and how to clean up your file before submission.

Because most deals don’t fall apart because of bad properties. They fall apart because of messy paperwork.

📽️ Watch the full breakdown now:

💬 Send us your T-12, and we’ll show you exactly what a lender sees before you apply.

🏡 Phoenix Funded

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