A Dynamic Approach to Your Multi-Family Home Loan
Looking for a lender that specializes in multi-family property loans for personal or investment purposes? EvaBank helps you get a better grasp on your financial future with Adjustable Mortgage Rates (AMR) and no prepayment penalties.
Because multi-family homes are an important part of the community, we want to help get your investment off to a great start! If you’re a prospective multi-family property owner in Alabama, Mississippi, Tennessee, or Georgia, reach out to our lenders today to see the full range of benefits we can offer you.
A Complete Overview of Your Financial Position
At EvaBank, our loan decisions are not credit based. Even though your credit score can help define your interest rates and down payment options, our final decision will always be based on your overall financial situation.
As an independently owned bank, we take the time to understand our customers — not just the numbers.
Repayment Options Centered Around You
Fair Interest Plans
In most cases, your interest rate will also be determined by a combination of your credit score and down payment. While the minimum down payment on a multi-property loan is usually around 15%, your lender will be able to help you optimize your rates and find a repayment plan that works for you.
Your Multi-Property Loan Application
As always, our team of lenders are here to support you through the loan approval process and help you secure the type of multi-family property you want.
Once you’ve submitted some preliminary details for loan pre approval, our lenders will check your credit score and take a look at your entire financial situation.
We’ll then reach out to you with additional details regarding your application and the type of rates you can expect.
After this, it’s time to prepare your down payment which your lender can provide additional details about during the application process.
Once you have the finer details of your loan pre approval in order, it’s time to decide on your property. When you’ve found the perfect one, your lender will be available to assist you in your next steps.
Frequently asked questions
Ready to kickstart your financial future with EvaBank?