Commercial Multifamily Loans

Quintal Mortgage Co offers a variety of commercial multifamily loans to help investors finance their commercial real estate projects. Whether you're looking to purchase a small apartment building or refinance a large multifamily complex, we have the loan options to meet your needs.

Our team of experienced loan officers will work closely with you to understand your investment goals and tailor a loan solution that fits your unique situation. We offer competitive interest rates, flexible terms, and fast approval processes to ensure a smooth and efficient loan experience.

With Quintal Mortgage Co, you can access a wide range of commercial multifamily loan programs, including government-backed loans, conventional loans, and portfolio loans. Our government-backed loan programs, such as Freddie Mac and Fannie Mae (the Freddie Mac Small Business Loan program and Freddie Mac’s Targeted Affordable Housing Express program), offer attractive terms and low down payment options for qualified borrowers. Our commercial  multifamily loans provide competitive rates and terms for investors with strong credit profiles. And our portfolio loans are designed for borrowers who may not meet the strict requirements of traditional lenders.

 

 

Fannie Mae - Multifamily Affordable Housing (MAH)

provides flexible terms for acquisition or refinance of multifamily projects nationwide that qualify as affordable housing. Eligible properties are those that participate in the Low Income Housing Tax Credit (LIHTC) program, are encumbered by a Housing Assistance Payment (HAP) contract or participate in the Section 8 program (either through vouchers or direct payments).

 

 

Freddie Mac - Small Balance Loan program

Freddie Mac Small Balance Loan program streamlines the entire loan process for multifamily acquisition and refinancing loans ranging from $1M to $7.5M.

Min DSCR 1.20 in Top Markets; 1.25 in Standard Markets; 1.30 in Small Markets; 1.40 in Very Small Markets.

ELIGIBLE PROPERTIES

Multifamily housing, with five residential units or more, including:

 

  • Properties with tax abatements
  • Age-restricted properties with no resident services
  • Properties with space for certain commercial (non-residential) uses
  • Properties with tenant-based housing vouchers
  • Low-Income Housing Tax Credit (LIHTC) properties with Land Use Restriction Agreements (LURAs) that are either within the final 24 months of the initial compliance period or in the extended use period (investor must have exited)
  • Properties with local rent subsidies for 10% or fewer units where the subsidy is not contingent on the owner’s initial or ongoing certification of tenant eligibility
  • Properties with certain regulatory agreements that impose income and/or rent restrictions, provided all related funds have been disbursed
  • Loans secured by groups of contiguous and non-contiguous duplexes, triplexes and fourplexes may be permitted as part of a larger loan configuration, subject to additional restrictions.

Contact our loan officers today to discuss your multifamily financing options. We're here to help you achieve your real estate investment goals. Contact us to 'schedule a consultation' or to 'learn more' or if ready to start your 'application' ...click below. 

Ready to finance your commercial multifamily project?

Start your Commercial Loan Inquiry Now

Don't let financing stand in the way of your commercial multifamily project goals. Contact us today to learn more about our commercial real estate loan options and start the application process.