The Summary:
- Groundfloor Lending’s DSCR loan program has expanded to 5–9 unit multifamily properties.
- Get 24-hour underwriting turns for rapid deal assessment.
- Up to 75% LTV on purchases and 70% for cash-out refinances.
- We offer flexibility for up to two vacant units using market rents to support DSCR.
For experienced rehabbers and builders, the transition from single-family rentals (SFR) and 2–4 unit portfolios into small 5–9 unit multifamily is a natural progression to protect margins and increase cash flow.
However, the funding side is usually where the friction starts. Commercial banks are too slow for most markets, and many private lenders lack a clean execution for the 5–9 unit in-between space.
Groundfloor Lending is excited to announce we’re closing that gap. We’ve expanded our DSCR loan program to fund 5–9 unit multifamily properties, offering the same institutional-quality execution and speed we provide for smaller residential projects. We aren't looking at your personal DTI or taxes; we're looking at the asset's performance and your track record as an investor.
The Specs for Growth
- DSCR Loan Sizes: $350K to $2.5MM+.
- Leverage: Up to 75% LTV for purchases and 70% for cash-out.
- Velocity: 1 business day underwriting turns. We provide real numbers quickly so you can stay competitive on time-sensitive deals.
- Vacancy Flexibility: We allow up to two vacant units at closing and use market rents to support the DSCR. This is a specific differentiator for value-add or stabilization scenarios that often get stuck in traditional underwriting.
Whether you’re a developer sizing up your portfolio or a broker looking for a solid execution to plug into your stack, our 5–9 unit DSCR loan program is built for speed and capital velocity. We move at the speed of the market, providing clear communication without the hoops or red tape.
Submit your next deal, and we’ll be in touch in 24 hours.
You can also call us at (404) 850-9224.
Quick FAQ
Q: What is the maximum DSCR loan size for the 5–9 unit program?
A: We’re currently quoting deals from $350K up to $2.5MM+, with flexible maximums reviewed on a case-by-case basis.
Q: How do you handle vacancies in small multifamily properties?
A: Our underwriting allows for up to two vacant units, and market rents can be used to support the DSCR, making this an ideal fit for properties in the process of stabilization.
Q: Does Groundfloor Lending require personal income verification for these loans?
A: No. Our underwriting and approval is asset-based, focusing on the property’s cash flow and After Repair Value (ARV), not your personal debt-to-income ratio or tax returns.
Q: What is the typical turnaround time for a quote?
A: We provide underwriting feedback and terms within 1 business day (24 hours) of receiving your deal information.