Multifamily Loans.
Long-Term Financing for 5–30 Units.
Up to 75% LTV. 30-year fixed and ARM options. Property values $500K–$15M.
What Is a Multifamily Term Loan?
A multifamily term loan is long-term financing for apartment buildings. At LenderX.ai it covers 5–30 unit properties with 30-year fixed and 5/6, 7/6, and 10/6 ARM options, including interest-only.
Leverage goes up to 75% LTV on properties valued from $500K to $15M. Qualification is based on net cash flow (NCF), not NOI.
What Are the Multifamily Loan Terms?
Program terms as of October 6, 2026. Every deal prices differently, and all loans are subject to underwriting. Nationwide, state restrictions apply.
| Term | Multifamily |
|---|---|
| Property size | 5–30 units per property (30+ case-by-case) |
| Property value | $500,000 – $15,000,000 |
| Loan amount | Most $1M – $5M. Starting at $350,000 |
| Leverage | Up to 75% LTV (70% is typical) |
| Term | 30-year fixed, 5/6, 7/6, 10/6 ARMs with interest-only options |
| Minimum DSCR | 1.20× NCF in major markets. 1.30–1.40× in smaller markets |
| Credit | 700+ (all guarantors 620+) |
| Cash-out | Up to $500K ($1M at 65% LTV or less). Higher with pre-approval |
| Occupancy | 80% for 9 units or fewer. 90% for 10+ units |
| Sponsor | 12+ months owning similar-size multifamily |
| Recourse | Full recourse with personal guaranty, 51%+ combined ownership |
| Pricing | Quoted per deal |
Maximum figures shown are not available in combination on every transaction.
Who Qualifies for a Multifamily Loan?
Experienced Sponsors
12+ months owning similar-size multifamily.
Stabilized Assets
80% occupancy for 9 units or fewer, 90% for 10+ units.
Section 8
Tenant-based Section 8 is accepted with landlord experience.
Entity Closings
U.S. citizens and permanent residents. Close in an LLC or corporation.
Multifamily Loan Questions We Actually Get Asked
5–30 units per property. Properties above 30 units are considered case-by-case, and property values run from $500K to $15M.
Up to 75% LTV, though 70% is typical. The top end of leverage requires strong credit, and your number depends on market and deal.
1.20× net cash flow (NCF) in major markets, and 1.30–1.40× in smaller markets. We use NCF, not NOI.
Yes. It's full recourse with a personal guaranty, from guarantors holding 51%+ combined ownership.
Yes, up to $500K, or $1M at 65% LTV or less. Higher amounts are possible with pre-approval.
Mixed-use, student or senior housing, short-term rentals, rural properties, and lots over 3 acres. For mixed-use buildings of 2–8 units, see our mixed-use program.
80% for properties with 9 units or fewer, and 90% for 10+ units.
Yes. You can close in an LLC or corporation, with a personal guaranty from the owners.
We lend nationwide, and state restrictions apply. Send us the property address and we'll confirm whether we can lend there.
Other LenderX.ai Programs
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We'll Send You Real Terms.
Talk to a lender, not a sales team. No commitment. No appraisal until you see real numbers.
LenderX.ai originates business-purpose loans secured by non-owner-occupied investment property only. Program terms shown reflect best-available terms as of October 6, 2026 for the most qualified borrowers; your terms depend on credit, experience, property type, location, DSCR, project scope, and loan structure. Maximum figures shown are not available in combination on every transaction. Terms and program availability are subject to change without notice and state restrictions apply. This is not a commitment to lend.