Small Mortgage Loan Program

The streamlined loan process for fixed- and variable-rate Mortgage Loans up to $9 million nationwide.

Competitive Advantage    Term Sheet (PDF)


  • Low cost of execution
  • Competitive rates
  • Delegated model provides Lenders and Borrowers speed of execution
  • Team with experience and scale to support this unique market
  • Single asset security allows the most flexibility in the market
  • Extensive experience serving the small loan market
  • Streamlined third-party reports


  • Conventional Properties; Multifamily Affordable Housing Properties; and Manufactured Housing Communities
  • Existing, stabilized multifamily Properties
  • Properties with 5 or more units
  • Loans for acquisition or refinance

Loan Amount

Up to $9 million nationwide


5 - 30 years.


Up to 30 years.

Interest Rate

Fixed- and variable-options available.

Maximum LTV


Minimum DSCR


Supplemental Financing

Supplemental Mortgage Loans are available.

Prepayment Availability

Flexible prepayment options available, including yield maintenance and declining prepayment premium. 

Rate Lock

30- to 180-day commitments. Borrowers may lock a rate with the Streamlined Rate Lock option.


30/360 and Actual/360.


Non-recourse execution is available with standard carve-outs for “bad acts” such as fraud and bankruptcy.


Replacement reserves, tax, and insurance escrows are typically required for higher leverage transactions.

Third-Party Reports

Streamlined inspection and Environmental Screening using the ASTM E-1528-14 protocol.


Non-recourse loans are typically assumable, subject to review and approval of the new borrower’s financial capacity and experience.