5-8 Unit Residential

Grow Your Portfolio with Multi-Family Loan Options

Grow your portfolio with Logan’s 5 – 8 Multi-Family loan options. Check out the features and benefits below that allow for first-time homebuyers as well as investors.

Key features:

  • Loan amounts up to $2.5M
  • 75% LTV Purchase/Rate Term
  • Maximum cash out of $500,000
  • FICO as low as 660
  • 100% gift funds allowed for down payment & closing costs
  • Interest-Only options
  • Qualifying credit score is the greatest middle among all borrowers
  • First Time Home Buyers & Investors OK with 12-month rental history
  • Vacant Units: DSCR Income is calculated using 90% of the Market Rent for Purchase & Refi nance transactions. No more than 35% of the units can be vacant on a Refi nance transaction.
  • Aggressive rates
First Time Home Buyers
& Investors OK with
12-month rental history

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DSCR

Bank
Statement

Foreign
National

Asset
Qual

Full Doc

1099

5-8 Units

Testimonials

“I wanted to let you all know that you have been amazing to work with on this file. It gives me hope for the future of this industry. Every person…has been a pleasure to work with.”

Michelle T. — Pasadena, CA

“Thank you very much for teaching me all the nuances of bank statement loans. I thought I already knew most everything about it, but you helped me to better understand some important concepts of bank statement loans. I appreciate your help!”

Livia A. — Richmond, VA

“I wanted to take a moment as the loan officer and thank you for all your help and support thus far. You have been great… We were recently approved with a new non-QM lender named Logan Finance. I locked a 6-unit multi family… Moreover the AE is amazing. I can’t say enough great things about her work so far. Top notch…I recommend you give them a try.”

Christian D. — Chula Vista, CA

“Jake and I were on the DSCR webinar this morning with Paul Jones. Honestly, that was probably one of the best and most organized lender webinars I have ever been on. So far, between my conversation with you last Friday, speaking with Ben today, and the webinar with Paul, I can clearly see that Logan is truly dedicated to making business partners successful. And you guys seem to actually want business from us. As I told you Friday, that is NOT the case with a lot of the Banks right now.”

Kevin M. — Temecula, CA

“You…are truly awesome. Any time I needed help, one of you jumped in. We got to the finish line together and that makes all the difference to me. On to the next deal!”

Stefany P. — New York