Multifamily Long-Term Loans
We Fund, You Cashflow and Your Community Prospers
Simple and no-nonsense multifamily long-term loans
Multifamily Long-Term Loans
Chambliss Mortgage Capital's suite of rental loan products includes expanded multifamily and larger units, financed and underwritten with our common sense and flexible guidelines. CMC is here to simplify the rental property space. With the widest selection of property types, extensive financing options, nationwide funding (including multi-state portfolios), and a wide range of rental property loan programs, we look at the full picture.
Fast Financing For a Fast-Paced Market
Key Features:
- No prepayment penalty; payoff the loan at anytime
- Close 7-10 days faster than traditional lenders
- One of the quickest draw process in the industry
- An interest-only term provides lower monthly payments
- A higher LTV than hard money lenders
- Financing for purchase and allows borrowers to finance improvements (construction funds are escrowed)
Light Documentation
Our loan process allows real estate investors to avoid the intrusive document-gathering and mountains of endless paperwork typically found with other lending institutions. We do not require income verification, tax returns, months or years of bank statements, or many of the other typical requests from other lenders. We have a quick and straightforward condition list that can be completed fast – allowing our investors to focus on their properties rather than the hassle of tracking down and providing infinite documents and files.
FAQs
The Multifamily Long-Term Loan Program is perfect for small-balance residential properties with 5-8 units. With the minimum loan amount $500,000 and competitive rates, it is perfect for rehabbing a multifamily property.
For general loans, Chambliss Mortgage Capital covers up to 80% of the as-is value and 100% of the rehab costs. For refinancing, Chambliss Mortgage Capital covers 75% of the as-is value and 100% of the rehab costs. Whether you’re starting a new project or giving new life to an old one, Chambliss Mortgage Capital has your back.
Chambliss Mortgage Capital's multifamily long-term loans provide you with a reliable funding source for landlords, multifamily investors and property managers looking for long-term financing for properties with 5 to 8 units.
