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Arbor provides competitive, tiered pricing for acquisition or refinance of multifamily projects nationwide, including recently completed projects.

Loan Amount $1,000,000 minimum
Loan Term 5 to 10 years. Up to 30 years for fixed-rate loans if loan is not purchased for securitization.
Amortization Up to 30 Years. Interest-only options also available.
Minimum DSC 1.25 / 1.30 if a 5-year deal
Maximum LTV 7-year term or greater: 80%; 5-year term: 75%
Rate Structure Fixed
Eligible Property Multifamily
Eligible Borrower Single-purpose entity
Tax and Insurance Escrows Monthly deposits required. May be waived if certain criteria are met.
Replacement Reserves Minimum $250 per unit per annum. May be waived if certain criteria are met.
Recourse Non-recourse with standard exceptions for fraud and misrepresentation
Commercial Space No more than 25% of effective gross income and no more than 25% of property’s total square footage. Final determination by Freddie Mac.
Required Reports Appraisal, Properly Condition Assessment and Phase I Environmental, Zoning, Insect and Flood
Prepayment Defeasance for fixed rate loans. No prepayment premium for final 90 days of term.
Assumable Subject to approval and 1%
Subordinate Financing Not allowed
Pricing Tiered Pricing Matrix. More favorable terms available for higher DSC and lower LTV.
Rate Lock Standard 5-day rate-lock period. Early/Index Rate-Lock options available.
Application Deposit $12,500. Covers all estimated underwriting costs (including application fee).
Legal/Closing Fee Arbor’s Counsel Fee to be determined at application
Good Faith Deposit 2% of loan amount due at rate lock for early rate-lock transactions, but refundable post-closing
Arbor Commercial Mortgage | | 800.ARBOR.10