Multifamily Programs
We offer Nationwide purchase or refinance Multifamily loan programs through Fannie Mae, Freddie Mac, HUD 223(f), and Bank Conventional programs.
We offer Multifamily loans to buildings that meet the following requirements:
- Existing, stabilized conventional properties
- Multifamily, affordable housing, senior housing properties, student housing properties, and manufactured housing communities with 5+ units. Mixed use subject to limitations.
- Minimum 85% occupancy of units for 90 days prior to underwriting.
- Net worth equal to, or exceeding, loan amount with minimum credit score 650.
Why Denali?
With programs starting at $750K all the way up to $3MM and standard programs from $3MM+, we make this process straightforward. At Denali, we offer amortization / terms from 10-35 years and LTV up to 80-85% with partial and full term interest only available. With bridge loans, ground up construction, and cash-out options, we offer choices and non-recourse execution for most loans greater than $750k. Denali’s third party reports also include appraisal, phase I environmental, and property condition.
We require the following documents for initial review:
- Rent roll
- Recent 12-month property operating statement
- Personal financial statement
- Guarantor name, bio, net worth/liquidity
- Property info: name, address, and unique characteristics
Reach out to us to learn more!