We provide numerous short-term and long-term financing solutions for Texas multi-family and mixed-use properties up to 9 units. Whether you’re purchasing or refinancing, we can offer you top-tier rates and ultra-fast service. Our flexible multi-family and mixed-use lending guidelines ensure that you get the best deal for your unique situation so that you maximize your ROI. We can even waive insurance and tax escrows for qualified borrowers. These options can greatly assist borrowers needing solutions for multi family and mixed use loans.

Multi-Family and Mixed-Use Loans Highlights

  • Multi family 5-9 units, mixed use 2-8 units
  • Maximum loan to value up to 75%
  • Purchase, refinance and cash-out refinance options
  • Minimum loan amount of $350,000
  • Minimum DSCR of 1.0x
  • 680 minimum credit score
  • 6 months PITIA / ITIA reserves required
  • 30-year fixed-rate, 10-year interest-only, and 3-5 year short-term options
  • Interest rates starting at 6%
  • Commercial appraisal required
  • Fixed and declining prepayment penalty options
  • Occupied properties only
  • Permanent/non-permanent residents ok

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If you’re looking for alternatives to typical multi-family and mixed-use loans, then check out our hard money loans. In fact, they might just be the answer you’re looking for.

How do I get a multi-family/mixed-use loan from Little City Investments?

  1. Either get a Texas multi-family or mixed-use property under contract or own a Texas multi-family or mixed-use property with some equity.
  2. Fill out our short loan application. We’ll get back to you quickly with a preliminary term sheet and next steps. (We only do a soft-pull of your credit initially which does not affect your score.)
  3. If you approve of the preliminary terms, we collect all items needed for underwriting and order the appraisal of the property. This process will guide you in securing multi-family and mixed-use loans efficiently.
  4. Once the underwriting and appraisal review is complete, we lock your terms and can close within one business day. The typical timeline to close is approximately 2 weeks from start to finish and mostly depends on the appraisal timeline. Applying for multi-family and mixed-use loans is straightforward and fast with Little City Investments.