Multi-Family Bridge

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

Campos Capital Group offers short-term bridge financing, fix and flip financing, & long-term rental financing for 5+ unit apartments & mixed-use properties.

Loan Criteria

Collateral:

Multi-family apartment buildings (5+ units); mixed-use properties (residential space that is greater than 50% of square footage)

Term:

18 Months (extended terms available)
30 Years (amortization options available)

Loan Amount:

Short-Term: $250K – $10M ($1M max per unit)
Long-Term: $250K – $3M

FICO:

Short-Term: 620 minimum
Long-Term: 680 minimum

LTV:

Stabilized Bridge
Purchase: Up to 80% of the As-Is value
Refinance: Up to 75% of the As-Is value
Cash-Out: Up to 65% of the As-Is Value

Fix & Flip:

Purchase: Up to 85% of the purchase price + 100% of renovation costs
Refinance: Up to 75% of the As-Is value + 100% of renovation costs
Cash-Out: Up to 65% of the As-Is value + 100% of renovation costs

Long-Term:

Purchase: Up to 75% of the As-Is value
Refinance: Up to 75% of the As-Is value
Cash-Out: Up to 70% of the As-Is value

Loan Program Typical Leverage & Rates

STABILIZED BRIDGE

	MAXIMUM LOAN-TO-VALUE
Purchase	Up 75% of the As-Is Value
Refinance	Up 70% of the As-Is Value
Cash-Out	Up 65% of the As-Is Value

FIX & FLIP

Experienced Customer -(Completed 5+ Flips in the last 3 Years)
		MAXIMUM AFTER-REPAIR VALUE	MAXIMUM LOAN-TO-VALUE
Light Rehab	Purchase	Up to 70% of the ARV	Up to 80% of Purchase Price + 100% of Rehab Costs
	Refinance	Up to 65% of the ARV	Up to 70% of As-Is Value + 100% of Rehab Costs
	Cash-Out	Up to 60% of the ARV	Up to 65% of As-Is Value + 100% of Rehab Costs
Heavy Rehab*	Purchase	Up to 65% of the ARV	Up to 70% of the Purchase Price + 100% of Rehab Costs
	Refinance	Up to 60% of the ARV	Up to 65% of As-Is Value + 100% of Rehab Costs
	Cash-Out	Not Permitted	Not Permitted
New Customer -(Completed < 3 Flips in the last 3 Years)
Light Rehab	Purchase	Up to 65% of the ARV	Up to 70% of Purchase Price + 100% of Rehab Costs
*Rehab Budget is greater than 100% and less than 150% of the lower of “As Is” value (purchase and refinance) or purchase price (if a purchase), is a condo conversion, involves more than 20% expansion of the property of at least 750 square feet, or involves a change of use.

LONG-TERM RENTAL

	Fico	Maximum Loan-to-Value (LTV)	Maximum Loan-to-Cost (LTC)
Purchase	740+	Up to 67.5% of the As-Is Value	Up to 67.5% Loan-to-Cost
	700 - 739	Up to 60% of the As-Is Value	Up to 65% Loan-to-Cost
	680 - 699	Up to 60% of the As-Is Value	Up to 60% Loan-to-Cost

	Fico	Maximum Loan-to-Value (LTV)
Refinance	740+	Up to 67.5% of the As-Is Value
	700 - 739	Up to 65% of the As-Is value
	680 - 699	Up to 60% of the As-Is value

	Fico	Maximum Loan-to-Value (LTV)
Cash Out	740+	Up to 65% of the As-Is Value
	700 - 739	Up to 60% of the As-Is value
	680 - 699	Up to 50% of the As-Is value