How To Get A Loan To Buy An Apartment Complex -

To qualify for most commercial multifamily loans, you will generally need to meet these criteria:

Many lenders, especially "Agency" lenders like Fannie Mae and Freddie Mac, prefer borrowers with at least 2 years of multifamily management experience . how to get a loan to buy an apartment complex

A minimum score of 660–680 is typically required to secure favorable terms. To qualify for most commercial multifamily loans, you

Lenders require the property's Net Operating Income (NOI) to exceed the annual debt service. Most expect a DSCR of 1.25x or higher . Most expect a DSCR of 1

Getting a loan for an apartment complex (multifamily real estate with 5+ units) is fundamentally different from a standard home mortgage. In 2026, lenders prioritize the over your personal income, often requiring a detailed analysis of the building's financial performance. Core Loan Requirements for 2026

For larger loans, your net worth often needs to equal at least 100% of the loan amount , with liquid cash reserves (post-closing) of at least 10% of the loan amount . Primary Financing Options Buying Your First Apartment Complex: An Investor Guide