Looking for Financing Specifically for Multi-Family & Mixed-Use Properties?

 

Mioym Commercial Capital offers short-term bridge financing as well as fix and flip financing for 5+ unit apartments & mixed-use properties.

 

LOAN CRITERIA

 

Collateral:

Multi-Family Apartment Buildings (5+ Units); Mixed-Use Properties (Residential Space is Great than 50% of Square Footage)

 

LTV:

Stabilized Bridge
Purchase: Up to 75% of the As is Value
Refinance: Up to 72.5% of the As is Value
Cash-Out: Up to 70% of the As-Is Value

 

Term:

12 and 18 Months (Extension Available)

 

Loan Amount:

$250k – $5M ($1M Max per unit)

 

Fix & Flip:

Purchase: Up to 80% of the Purchase Price + 100% of Renovation Costs
Refinance: Up to 70% of the As-Is Value + 100% of Renovation Costs
Cash-Out: Up to 67.5 of the As-Is Value + 100% of Renovation Costs

 

Minimum Property Value:

$40k per Door
(Subject to Increase Based on Location)

 

FICO:

600 Minimum

800 Westchester Avenue

Rye Brook, NY 10573

Connect with Mioym Commercial Capital

  • White Facebook Icon
  • White Instagram Icon
  • White Twitter Icon
  • White LinkedIn Icon

© 2019 Mioym Commercial Capital Inc.