LOAN PROGRAMS

Short-term Loans

Multifamily Bridge

Stabilization financing for multifamily properties

Rates starting at​
9.125% as of 2/1/24

Churchill’s Multifamily Bridge product provides interim financing for borrowers looking to acquire and stabilize properties above five units.

Term
up to 24 months

Loan Amount
up to $5MM

Property Type
Case-By-Case

Loan Purpose
Non-Owner Occupied Business Purpose Residential Loans

Interest Reserve
Eligible, but not required

FICO
680 minimum

LTC
up to 80% (75% Cash-Out maximum)

LTAIV
up to 80% (75% Cash-Out maximum)

Debt Yield
minimum of 5% (lesser of market rent or lease)

Experience
No previous experience required

Recourse
Full required