Rental Funding and Bridge Loans
Rental Funding and "Multifamily Bridge Loan" are short-term financing option tailored for the acquisition or refinancing of apartment Of
comprising five or more units.
This loan solution empowers you to capitalize on the residual income, cash flow, and future appreciation associated with owning such properties. With our multifamily bridge loan program, you regain control, allowing you to focus on what truly matters—expanding your real estate portfolio.
A Multifamily Bridge Loan is particularly advantageous in the following scenarios:
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In situations demanding a swift closing timeframe.
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When you can not rely on traditional bank financing
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When the property requires renovations.
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When the property is not yet stabilized, fully leased, or generating income.
At NGRE Group, our Multifamily loans boast rapid closing times, sometimes as short as 14 days, with rates starting at 9.89%!
Our Multifamily loans necessitate no personal income verification and involve minimal documentation, ensuring a hassle-free process for you.
Program Overview
Loan amount
$500,000 - $5 Million
Term length
6 - 24 Months
Tax LTC
90% (Max LTC) 80% (Purchase) 75% (Refinance) 70% (Cash out) TBD
Amortization
Interest only
Interest rate
Starting at 9.89%
Credit requirement
No Min FICO
Closing time
15 Days
Loan use
Purchase, refinance, renovation
Origination fee
1.50% + of the loan amount
Prepayment penalties
None!