We understand multi-family property can present strong, dependable income opportunity. If youíre a property owner or investor ready to purchase or refinance five or more residential units on a single parcel, letís talk.
You can count on our team of income property experts to utilize their collective experience, knowledge and creativity to identify the best financing solution for you. Plus, youíll always receive quick decisions, highly-competitive pricing and the exceptional customer service AmericanWest Bank is known for.
Property Owners, lower your current payments, take cash out for improvements or pay off other debt. We also provide financing to purchase newly-constructed or existing multi-family buildings.
Investors, expect efficient and timely acquisition financing.
A Full Complement of Options:
For more details about how we can finance your multi-family project find an experienced multi-family lending expert near you or send us an email and one of our experienced multi-family lending experts will contact you directly.
- Financing $1 million to $10 million;*
- 75% Loan-to-Value and 1.25 Debt Coverage Ratio;
- Fixed, Adjustable and Hybrid loan programs;
- 30-year amortizations;
- Three, five, seven and 10-year fully amortizing fixed-rate hybrids;
- Five, seven and 10-year fixed-rate balloon loan programs;
- Multi-family, mixed-use and good quality mobile home parks in larger markets within our geographic footprint;
- Forward rate locks available;
- Variety of prepayment options;
- No reserves and no impounds; and
- Limited and no-recourse options available at lower LTVs.
*Larger loans available on a case-by-case basis.