You've got the vision. We've got the financing to make it a reality.
HomeStreet Bank provides customized lending solutions for those seeking long-term financing for apartments and manufactured housing communities. Whether you’re looking to acquire or refinance a multifamily property, we have local expertise and a customer-first focus. We offer solid execution, competitive rates and terms, and a strong relationship to build on.
Our Multifamily financing options include:
- Loan amounts up to 80% LTV and as low as 1.15 DSCR on acquisitions | 75% LTV and 1.20 DSCR on refinances
- Fixed, floating, or adjustable interest rates
- Ability to lock interest rate at application
- Choice of prepayment options - predictable step down or yield maintenance
- Range of full recourse, partial recourse, and non-recourse options
- Interest only available
- Earn outs and supplemental loans available
- Loan terms from 5 to 30 years
Multifamily loan choices from HomeStreet Bank:
Commercial Capital Loans
Acquisition or refinance of Multifamily properties.
- Property Types: multifamily, mixed-use, and manufactured housing communities
- Loan Size: $2 million to $20 million
- Fixed interest rate for 3, 5, 7, or 10 years
- Available in Arizona, California, Colorado, Hawaii, Idaho, Nevada, Oregon, Texas, Utah, and Washington
Fannie Mae DUS® Loans
Acquisition or refinance of Multifamily properties.
- Small loans: military housing, student housing, and manufactured housing communities
- Programs include: Green Rewards, Green Building Certification Pricing, and Hybrid ARM
- Loan Size: $2 million to $100 million
- Available in all 50 United States
DUS® is a registered trademark of Fannie Mae.