Multi-family loans that close
with confidence, not complications.
UFIG originates multi-family loans from $500K to $100M+ for apartment buildings, mixed-use properties, and single-family rental portfolios. Up to 87% LTV. Non-recourse options. Fannie Mae, Freddie Mac, FHA/HUD, CMBS, bridge, and conventional. Nationwide. One loan officer from first call to funding.
Apartment financing built
for investors, not institutions.
Watch how UFIG evaluates and finances multi-family properties — from 5-unit apartment buildings to 500+ unit complexes. Whether you’re acquiring, refinancing, or repositioning, UFIG matches the right multifamily loan program to your deal.
Talk to a Multi-Family Specialist
Why borrowers and brokers choose UFIG
for multifamily financing
Every Capital Channel
Fannie Mae, Freddie Mac, FHA/HUD, CMBS, banks, credit unions, life companies, and private capital — UFIG accesses every multifamily lending platform through one application.
Up to 87% LTV
Higher leverage means less cash out of pocket. UFIG multi-family loans offer up to 87% loan-to-value on qualified apartment properties — among the highest in commercial lending.
Every Borrower Profile
Top-tier sponsors, first-time investors, credit-challenged borrowers, and foreign nationals — UFIG structures multifamily loans across the full spectrum of borrower profiles.
One Loan Officer, Start to Close
Your dedicated loan officer manages the entire multi-family loan process — from initial review through underwriting, approval, and closing. No hand-offs, no repeat explanations.
Multi-Family Loan Programs —
Terms & Details
UFIG originates multifamily loans with structures tailored to the property, the borrower, and the business plan. Every multi-family financing scenario is evaluated on its own merits.
Multi-family loan access through
every major capital channel
UFIG doesn’t limit your multi-family loan to a single lender or platform. We evaluate your apartment financing scenario across every available capital source and match the deal to the program that delivers the best terms.
Multifamily financing for
every residential investment class
UFIG originates multi-family loans for the full spectrum of residential investment properties — from small apartment buildings to large institutional portfolios.
From stabilized to transitional —
a multifamily loan program for every borrower profile
UFIG serves multi-family borrowers across three tiers. Your credit, property condition, and occupancy level determine which multifamily financing programs are available — and UFIG helps you qualify for the best one.
| Criteria | Top Tier | Middle Market | Transitional |
|---|---|---|---|
| Max LTV | Up to 87% | 65–80% | 60–70% |
| Min DSCR | 1.25x+ | 1.15x–1.25x | 1.05x–1.20x (IO or reserve) |
| Credit Score | 700+ | 640–700 | Below 640 or none |
| Property | Stabilized, 90%+ occupied | 80–90%, minor issues | Distressed, <85% occupancy |
| Loan Terms | 5–30 years fixed or ARM | 3–10 years fixed or hybrid | 6–36 months bridge, IO |
| Non-Recourse? | Yes, on stabilized | Case-by-case | Rare, mostly recourse |
| Best Programs | Fannie, Freddie, LifeCo, Bank | Bank, Credit Union, CMBS | Bridge, Hard Money |
Government-insured multifamily financing —
the longest terms and lowest rates in the market.
The FHA / HUD 223(f) program provides fixed-rate, fully amortizing, non-recourse financing for the acquisition or refinance of stabilized multifamily properties with five or more units. FHA mortgage insurance gives lenders the confidence to offer terms that conventional programs cannot match — and UFIG places 223(f) loans through its Capital Network of FHA-approved lending partners.
What HUD 223(f) Covers
Acquisition or refinance of existing apartment buildings, mixed-use properties (up to 25% commercial space), affordable housing, Section 8, Section 202 senior housing, and cooperative housing. Market-rate, low-to-moderate income, and subsidized properties all qualify. The property must have five or more residential units and be at least three years old with no substantial rehabilitation required.
Why 223(f) Over Fannie or Freddie
HUD 223(f) typically offers the lowest fixed rate in the multifamily market — often 25 to 100+ basis points below Fannie Mae or Freddie Mac. The 35-year fully amortizing term eliminates balloon risk entirely. Non-recourse from day one with no personal guarantee. The tradeoff is timeline: 223(f) loans typically take 90 to 120 days to close, compared to 45 to 60 days for agency. For borrowers who prioritize long-term rate and payment certainty, it is the strongest execution in commercial lending.
LTV by Property Classification
Market Rate: Up to 83.3% LTV (refinance) · Up to 85% LTV (purchase)
Affordable (LIHTC): Up to 87% LTV
Subsidized (Section 8 / 202): Up to 90% LTV
Leverage is calculated on the lesser of appraised value, replacement cost, or debt service capacity. Higher LTVs are achievable on affordable and subsidized properties because of the government rent guarantees that reduce default risk.
Eligible Borrowers
For-profit and non-profit entities. Single-asset, bankruptcy-remote ownership structures required (standard for institutional multifamily). Individual borrowers, LLCs, limited partnerships, and housing authorities are all eligible. Borrower must demonstrate capacity to operate the property per HUD standards. No personal guarantee — the FHA insurance replaces the recourse that conventional lenders require.
HUD 223(f) loans are insured by the Federal Housing Administration and originated through FHA-approved lenders. UFIG places 223(f) loans through its Capital Network of institutional lending partners. Rates, terms, and availability are subject to FHA underwriting guidelines and HUD approval. Longer origination timelines (90–120 days) should be anticipated. MIP (mortgage insurance premium) of 0.25%–0.65% annually applies.
Multi-family financing that works
the way investors actually need it to.
Banks approve templates. UFIG underwrites deals. Every multi-family loan we originate is structured around the property, the borrower’s goals, and the exit strategy — not a checkbox form.
- Multi-family loans pre-underwritten before any lender sees your file
- Borrowers with credit challenges, limited experience, or non-standard structures qualify
- One loan officer manages the entire multifamily financing process
- Occupancy below 85% is not an automatic decline — UFIG evaluates the business plan
- Bridge-to-permanent programs let you stabilize first, then lock in long-term rates
- Foreign nationals, LLCs, trusts, and partnerships are eligible
Our Simple 4-Step Process
Submit Your Deal
Complete the short form or call (888) 556-4029. A multi-family loan specialist reviews your scenario within hours.
Receive Your Proposal
Dedicated loan officer delivers a personalized multifamily loan quote with program options — typically within 24 hours.
Underwriting & Approval
Full file review, property evaluation, and lender matching. Clear communication and updates throughout.
Close & Fund
Close in as little as 30 days for conventional multi-family loans, or 10 days for bridge financing.
Multi-Family Loan FAQ
UFIG originates multi-family loans for apartment complexes, duplexes, triplexes, senior housing, student housing, mixed-use residential buildings, townhome communities, manufactured housing communities, assisted living facilities, and single-family rental portfolios. Whether stabilized or value-add, we provide multifamily financing solutions tailored to each property type nationwide.
UFIG’s minimum multi-family loan amount is $500,000. We finance multifamily properties up to $100 million and beyond for larger institutional transactions. Whether you’re acquiring a small apartment building or refinancing a large portfolio, UFIG has a multi-family loan program that fits.
In commercial real estate lending, a multi-family property typically consists of five or more residential units under one title. Properties with fewer than five units are generally classified as residential and financed through conventional mortgage programs. UFIG’s multifamily loan programs are designed for commercial-scale apartment properties and residential investment portfolios.
Yes. UFIG offers non-recourse multi-family loan options through Fannie Mae, Freddie Mac, CMBS, and life insurance company programs. Non-recourse apartment financing is available for stabilized properties with strong cash flow and qualified borrowers. This protects your personal assets while maintaining access to institutional-quality multifamily loan terms.
Yes. UFIG places FHA / HUD 223(f) multifamily loans through its Capital Network of FHA-approved institutional lending partners. The 223(f) program provides fixed-rate, fully amortizing, non-recourse financing for the acquisition or refinance of stabilized apartment properties with five or more units. Terms extend up to 35 years with LTV up to 85% on market-rate purchases and up to 90% on subsidized properties.
HUD 223(f) typically offers the lowest fixed rate in the multifamily market — often well below Fannie Mae, Freddie Mac, or CMBS. The tradeoff is timeline: origination typically takes 90 to 120 days due to the HUD review and FHA insurance process. For borrowers who prioritize long-term rate stability and non-recourse structure over speed, 223(f) is the strongest execution available. UFIG evaluates every multifamily file for 223(f) eligibility as part of our standard underwriting review.
UFIG can close conventional multi-family loans in 30 to 45 days for stabilized properties. Bridge loans for multi-family value-add projects can close in as little as 10 business days. Our dedicated loan officer and streamlined underwriting process ensure fast turnaround when timing matters for your apartment financing deal.
Yes. While conventional multifamily loan programs prefer 90%+ occupancy, UFIG has bridge and transitional lending options for properties below 85% occupancy. We evaluate the borrower’s business plan, renovation timeline, and exit strategy to structure multi-family financing that works for properties in the stabilization phase.
Yes. UFIG originates multi-family loans for foreign nationals, LLCs, trusts, partnerships, and other business entities. Loan terms vary depending on borrower experience, property cash flow, ownership structure, and the multifamily lending program selected. Foreign national apartment financing is available through select UFIG capital sources.
Required documents for a multifamily loan typically include a current rent roll, year-to-date operating statement, trailing 12-month financials, personal financial statement, business entity documents, and a property condition summary. These documents allow UFIG to quickly evaluate your multi-family financing scenario and match you with the best apartment loan program.
Yes. UFIG specializes in bridge loans for multi-family value-add projects and renovation financing. Whether you’re repositioning an apartment complex, upgrading units to increase rents, or stabilizing a newly acquired property, UFIG can structure multifamily financing that funds both acquisition and renovation costs with a clear path to permanent financing.
Your multi-family deal deserves more than a rate quote —
it deserves a strategy.
Call during business hours to speak directly with an experienced multi-family loan specialist, or submit your deal for review. UFIG evaluates every multifamily file with institutional discipline and closes with speed.
Tell Us About
Your Property.
- Response within 24 hours — often same day
- Multi-family loans from $500K to $100M+
- Up to 87% LTV — non-recourse available
- One loan officer from first call through closing
- Fannie Mae, Freddie Mac, FHA/HUD, CMBS, bridge, and conventional — view today’s rates