Multifamily

Unique Capital has a variety of different multifamily programs to cater to all clients. Leverage up to 85% with low-rates through a variety of portfolio, bank, conduit, insurance, FNMA and FHA programs. Quick turn-arounds and flexible underwriting makes our programs key to good results. Qualified properties include multifamily dwellings 5 units or more, mobile home parks, assisted living centers and mixed-use.

Loan Size	$500,000 to $50,000,000
Property Types	Multi-family (5+ units), mobile home parks, assisted living & mixed-use properties
Loan To Value	Up to 85% subject to debt service coverage
Minimum DSCR	Programs down to 1.15x (CA and other select markets) Programs down to 1.20x Programs down to 1.11x (FHA)
Interest Rates	Fixed rates based on the corresponding US Treasury. Rates currently between 5.6% and 6.8%
Terms	3, 5, 7, 10 or 15 years fixed with amortization up to 30 years (40 years with FHA program)
Mezz Financing	Allows up to 90% LTV
Pre-Payment	Defeasance, Yield Maintenance or Declining
Recourse	Both Non-Recourse and Recourse options
Assumption	1% assumption fee with qualifications
Time Frame to Close	30 to 60 days, (45 to 90 days with FNMA; 4mo to 7mo FHA)

CRE Lending