Soft Money - The New Hard Money
Multfiamily and Apartment Hard Money Loans - With Soft Money
Better Financing Starts with More Options$1.2M offered by a Bank at 6.0%$2M offered by an Agency at 5.6%$1M offered by a Credit Union at 5.1%Click Here to Get QuotesSoft Money - The Hard Money Alternative for Multifamily, Apartment & Commercial Mortgages
You may be asking yourself: What is soft money? For more than ten years now, hard money has been the go-to source for multifamily financing and commercial real estate loans for people that need a fast close or people that have poor credit and need financing.
Welcome to soft money. Asset-based lending, for income-producing properties or value-add bridge loans for income-producing properties with limited or no focus on credit, and of course, a fast close. With the right property and the right deal you can now get hard money financing, at less disastrous pricing. Welcome to soft money lending by Multifamily Loans.
Sample Soft Money Terms for Multifamily and Commercial Properties in 2023
Size: $250,000 and up.
Maximum LTV: 70%
Term: Flexible
Recourse: Full Recourse.
Credit Score: No minimum credit score.