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Private lender rates for small multi-family
Hello,
What kind of private lender rates are available these days for small multifamily (4 units or less)?
What kind of private lender rates are available these days for small multifamily (4 units or less)?
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Robin Simon
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Its going to depend on a lot of factors - conventional vs. consumer non-QM vs. DSCR, and then on the big three metrics (FICO, DSCR, LTV) -
That being said, rates are in the high 6s to low 8s range for these types of properties currently in the DSCR product