Multifamily
2–10 unit rentals still start on DSCR.
Small multifamily is a property type, not a fifth loan program. When the units produce rent, the credit conversation is the same cash-flow test as single-family DSCR.
Multifamily terms follow the DSCR program.
Best For
Use this page when the units are the income.
If the value comes from a new build or a heavy renovation with a sale exit, start on construction or fix & flip instead.
- Duplex through fourplex purchases and refinances
- Selected 5–10 unit rentals that still fit a DSCR file
- Entity or individual borrowers holding the property for rent
How this maps
Multifamily is a DSCR collateral type.
The application already asks 2–4 units or 5+ units. That choice does not create a new term sheet.
Same DSCR review
Coverage, LTV, and rate options are the public DSCR sheet. Rates start at 6.50%.
Larger development
Ground-up multifamily and subdivision work belong on the construction program, not this page.
Calculator
Use the DSCR calculator for a rent-to-payment check. Unit count is a file detail, not a different tool.
Before You Apply
Unit mix matters. It does not change the program.
Have rent by unit and the major expenses ready.
- State 2–4 versus 5+ units clearly on the application.
- Use construction if this is a build, not a standing rental.
- Read the DSCR program page for the full term glance.
Ready to finance a small multifamily rental?
Start the application when the unit mix, rent, and loan request are clear enough for review.