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

*Product Only Eligible for NonDelegated Correspondent Delivery