Express Loan Program

Apartments 5+ units, Mixed-use with no more than 40% income from Commercial. $1,000,000 to $5,000,000

Click Here to download the Multi-Family Mixed-Use Mortgage checklist.

Product Type

Stabilized multifamily properties with at least 5 units


Purchase, rate and term refinance, cash out

Interest Rates

Adjustable - Based on 6-mo. LIBOR, adjustable semi-annually


Fixed - Fixed for 3 or 5 years based on applicable treasury rate, then adjustable based on 6-mo. LIBOR, adjusted semi-annually for balance of term


30 years maximum


30 years

Debt Coverage Ratio

1.20 minimum


75% or 80% maximum

Secondary Financing

Permitted up to 85% maximum LTV, minimum 1.10 combined debt service coverage ratio