Multifamily Term

Multifamily Term

Roc Capital Makes Multifamily Term Loans Easy

Get Started Now
Roc Capital Multifamily Term loans provide you with a reliable funding source for landlords, multifamily investors and property managers looking for long-term financing for properties with 5 to 8 units.

Multifamily Term Terms

  • Property Types

    5-8 Unit Residential Properties

  • Loan Amount

    $250,000 - $3,000,000

  • Loan Types

    30-Year Fixed Rate Mortgage, OR 5/6, 7/6, 10/6 hybrid ARMs (Partial IO or Fully Amortizing)

  • Recourse

    Full Recourse or Non Recourse with bad-boy carveouts and Pledge of Equity of Borrowing Entity

  • Term Length

    30 Years

  • Max LTC

    If Owned <3 months, 70% of Total Cost Basis
    If Owned between 3 and 6 months, additional 5% haircut on Max Eligible LTV

  • Maximum Loan to As-Is Value (subject to minimum FICO)

    Purchase/Rate-Term Refinance: 70%
    Cashout Refinance: 70%

  • Minimum Debt Service Coverage Ratio

    1.20x - 1.40x, based on subject market classification (Top, Standard, Small, Very Small).

  • Minimum Guarantor FICO

    Mid-Score of 680

  • Lease Requirements

    Minimum Occupancy Rate of 90% by Unit Count
    - Leased Units: Lower of (i) In-Place Rent & (ii) Market Rent
    - Unleased Units: 90% of Market Rent (Purchase Loans only)

Download Terms

Attractive alternative to traditional bank and agency financing

Competitive rates, 30-45 day closing timelines and easy seasoning requirements.

Common sense underwriting

No tax returns or borrower income information required, up to 70% LTV with cashout, easy step down prepayment penalty options.

Funding for mixed use properties, including singles and portfolios

We fund residential properties with commercial units if the residential square footage is greater than 50% of the leasable area. You can combine multifamily term properties into portfolios with single property rentals and other multifamily properties.

FAQs

The Multifamily Loan Program is perfect for small balance residential properties with more than 5 units. The minimum loan amount is $500,000.
Depending on the needs, Roc Capital offers 30-year loans starting at 3.75%, 5,10,30 yr loan terms fixed-rate or 5/7/10-yr Hybrid ARMs.
It’s simple – Roc Capital is designed to make financing your projects easy and efficient. With loan terms on Multifamily investment projects having terms with easy step-down prepay option with mixed-use properties being eligible. Our loans are non-recourse!
4.0
K+

lenders

0

US states

$
8.0
B+

in funded loans

Partners

Loans for Professional Residential Real Estate Investors

Download Our Brochure

Working with Roc Capital is as easy as 1-2-3

Proiect nou1

Sign Up

After you receive your login, you will be able to submit deals directly through our online portal.

Proiect nou2

Onboard

Quick approval while you’re already submitting deals.
Proiect nou3

We fund your deals

Our relationship managers will get your deals funded fast!

Grow your private lending business today!

Get Started Now