Multifamily loan

Multifamily Property Loans

Acquisition, refinance, and construction financing for apartment buildings — small balance to large institutional. Agency, bank, debt fund, and HUD options.

See my options How it works

Best for

  • Apartment acquisition & refinance (5+ units)
  • Value-add multifamily reposition
  • Multifamily construction (HUD 221(d)(4))
  • Affordable / LIHTC properties

What you'll need to qualify

  • 5+ units (or as defined by execution)
  • 1.20x+ DSCR (1.25x+ for agency)
  • 70–80% LTV depending on execution
  • Sponsor experience and net worth

How it works

  1. 1

    We analyze the property — rent rolls, T-12, market comps — and match to the right execution.

  2. 2

    Compare Fannie/Freddie agency, HUD/FHA, bank, and debt fund quotes.

  3. 3

    Close at the most competitive terms — non-recourse where eligible.

The trade-offs

Pros

  • • Non-recourse with agency execution
  • • Long amortization (up to 35 years HUD)
  • • Most competitive rates in CRE

Trade-offs

  • • Agency requires full third-party reports
  • • Longer close timeline (45–90 days)
  • • Reserves and replacement reserves typical

Not ready to apply?

Ask us about Multifamily Property Loans

Tell us roughly what you need and a Caplli advisor will come back with real lender appetite — no application, no credit pull.

No credit check to enquire · we never sell your details
A $500 credit review & due diligence fee applies once you formally apply — refunded if we can't get you terms.

See what you qualify for

Compare Multifamily loan offers from 75+ lenders. No credit hit, no obligation.

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Questions

Multifamily loan — common questions

What loan amounts does Multifamily loan financing cover?

$1M – $100M+. 5+ units (or as defined by execution)

How fast can a Multifamily loan close?

45 – 90 days. Close at the most competitive terms — non-recourse where eligible.

What rate should I expect?

Agency-competitive for well-qualified borrowers, on terms of 5 – 35 years. Actual pricing depends on leverage, sponsor experience, asset quality and where the debt markets are — the rate on your term sheet is the one that counts.

What do I need to qualify?

5+ units (or as defined by execution). 1.20x+ DSCR (1.25x+ for agency). 70–80% LTV depending on execution. Sponsor experience and net worth.

What should I watch out for?

Agency requires full third-party reports. Longer close timeline (45–90 days). Reserves and replacement reserves typical. We'll tell you which of these actually bite on your deal rather than leaving you to find out at underwriting.

Ready when you are

Ready to price a Multifamily loan?

Submit the deal and we'll bring you competing terms from lenders with active appetite — or talk it through with an advisor first.

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Free quote, no credit check.