5 Plex and up, Yes we do them now!
Multi Residential Lender within a bank that will work with 5-PLEX and UP!! These are multi residential rates (APPROX 3.99% on 5 year).
This is nerdy news but it is a big deal for real estate investors who have a tough time getting funding for small 5 and 6 plex deals as they are so small lenders will not look at them commercially and anything more than 4 units can not be done as residential.
For more data call me;
Mark Herman, AMP, B. Comm., CAM, MBA-Finance
WINNER: #1 Franchise for Funded $ Mortgage Volume at Mortgage Alliance Canada, 2013