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Multi-Family
Benchmark Commercial Lending offers a nationwide platform to exceed all of your apartment financing needs. We provide several highly competitive commercial real estate loan products for qualified properties with commercial mortgages up to $50 million plus.
Features
- Max Amortization up to 40 years
- Borrower's income may not be needed for Loan Qualification
- Fixed rates including 3,5,7,10, 15 and 25 years
- Interest Only available up to 3 years.
- Assumable loan
- Non-Recourse available for select properties.
Underwriting Guidelines
- Loan amount from $500,000 to $50 million
- Min DSCR >= 1.15x
- Max LTV <= 90%
- Short term and bridge loan options available for properties that do not cash flow.
We encourage you to give us a call to discuss your current needs. Our experience enables us to meet your needs and provide you with the most competitive rates and terms available in the marketplace.
Check out our products to find an option that fits your needs!