Finance apartment buildings and multifamily properties on the strength of the asset, not your tax returns. $500K to $5M+ per property. Up to 75% LTV. Direct access to 30+ capital sources matched to your deal.
Check My Eligibility →Multifamily Investment Loans (5+ Units) — Financing for 5+ unit multifamily properties — small apartment buildings, mid-rise, large complexes. LendingStreet places these deals across 30+ capital sources including programs Kiavi, LendingOne, and Visio don't offer (their DSCR programs cap at 4 units). Loans from $500K to $20M+, up to 75% LTV.
LendingStreet has structured $4.36B+ across 8,196 deals nationwide. NMLS #1734316 · 30+ capital sources · 48 states.
Multifamily loans finance apartment buildings and residential properties with five or more units. Unlike conventional residential mortgages, multifamily financing qualifies primarily on the property's net operating income (NOI) — the rental income the building generates after operating expenses — rather than on your personal income.
LendingStreet connects multifamily investors to a network of 30+ capital sources, which means a single application gets evaluated against multiple lenders' programs. For multifamily specifically, this matters: different capital partners have different appetites for property age, unit count, location, and value-add business plans. A network model surfaces the lender whose box actually fits the deal, instead of forcing every deal through one balance sheet.
Investors acquiring 5-50 unit apartment buildings · portfolio operators stabilizing value-add multifamily · investors refinancing out of bridge or construction debt · buyers of mixed-use residential properties · 1031 exchange buyers moving into larger assets
The core underwriting metric for multifamily is the Debt Service Coverage Ratio (DSCR) calculated on the building's net operating income. Lenders want to see that the property's income comfortably covers the proposed mortgage payment plus taxes, insurance, and reserves.
A multifamily DSCR is calculated as net operating income divided by total annual debt service. Most multifamily programs look for a minimum DSCR in the 1.20x to 1.25x range, though this varies by lender, property type, and market. Stronger DSCR generally unlocks better pricing and higher leverage.
Because qualification rests on the asset's performance rather than your personal income, multifamily loans suit full-time investors, self-employed borrowers, and anyone holding property through an LLC. Documentation typically centers on the rent roll, trailing 12-month operating statements, and a property condition assessment rather than personal tax returns.
Terms vary by capital source, property condition, market, occupancy, and borrower profile. The figures above are typical ranges for qualified borrowers, not guaranteed terms. Call for an exact quote on a specific property.
| Feature | Multifamily (5+ Units) | Single-Family DSCR (1-4 Units) |
|---|---|---|
| Qualification basis | Property NOI | Property rental income |
| Typical min DSCR | 1.20x – 1.25x | 1.00x |
| Loan size | $500K – $5M+ | $150K – $5M |
| Underwriting focus | Rent roll, T-12 operating statements | Market rent, appraisal |
| Best for | Apartment / portfolio operators | Individual rental property investors |
Many investors progress from single-family DSCR rentals into multifamily as their portfolios grow. LendingStreet works across both, so the same relationship that financed earlier rental purchases can support the move into larger multifamily assets.
Speak with a financing specialist who works multifamily across 30+ capital sources. No personal income docs required on most programs.
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