Multi-Family Residential Rental Mini-Perm
New offering from Trinity
We’ve recently added this new product type to our offerings as we see an increase in medium-term (3 to 5 years) loan requests for smaller (25 units or less) multi-family residential rental property acquisition, rehab and lease-up loans. We bring the same experience and commitment to this product type as each of our other private loan offerings.
Multi-Family Residential Rental Mini-Perm Loan Program Specifics
- Loan Amount — Up to $5M
- Loan to Value — Flexible up to 65%
- Minimum Debt Service Coverage Ratio — 1.5
- Interest Rate — 6.99% to 8.99%
- Loan Term — 3 to 5 years
- Prepay Penalty — None in most cases
- Lien Position — 1st
- Loan Points — 1.0% to 2.0%
Get a quote that
you can trust
Call us at
619-980-8977 for a quote.