Loans for 5+ unit apartment buildings and multifamily assets, qualified on the property's cash flow.
Multifamily loans finance apartment buildings and residential properties of five or more units — which fall under commercial lending. Qualification centers on the property's net operating income and debt-service coverage ratio (DSCR).
BayPort compares multifamily lenders to structure purchases, refinances, and cash-out for investors growing their portfolios.
Investors buying or refinancing apartment buildings and larger multifamily properties.
Properties with five or more units are underwritten as commercial multifamily, unlike 1–4 unit residential.
Many programs look for 1.20–1.25+, though it varies — a higher ratio can mean better terms.
Yes — cash-out refinances are common for scaling a portfolio.
Talk to a BayPort loan officer about multifamily financing — no pressure, just clear answers.