Multifamily Bridge Loans
We Fund, You Cashflow and Your Community Prospers
Simple and no-nonsense multifamily bridge loans
Multifamily Bridge Loans
Chambliss Mortgage Capital is the leader in small balance multifamily investment properties, offering extensive debt solutions through a vertically-integrated national lending platform. CMC prides itself on its flexible terms, which are especially important when funding multifamily investment and nontraditional mixed use properties.
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 Loan Program is perfect for small balance residential properties with more than 5 units. The minimum loan amount is $500,000. With competitive rates, it's 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.
It’s simple - Chambliss Mortgage Capital is designed to make financing your projects easy and efficient. With loan terms on Multifamily investment projects having term lengths of up to 24 months (with two 6-month extensions), CMC offers flexibility for your projects.
A bridge loan is short term financing used until permanent financing is secured. These types of loans are common in real estate transactions and typically range from 6-18 months. Bridge loans are backed by some form of collateral, usually the subject property.
