How To Get A Loan To Buy An Apartment Complex Guide

A minimum score of 660–680 is typically required to secure favorable terms.

Typically ranges from 20% to 30% . Some specialized programs, like HUD/FHA , may allow up to 85-87% leverage (down payment as low as 13-15%). how to get a loan to buy an apartment complex

Lenders require the property's Net Operating Income (NOI) to exceed the annual debt service. Most expect a DSCR of 1.25x or higher . A minimum score of 660–680 is typically required

Many lenders, especially "Agency" lenders like Fannie Mae and Freddie Mac, prefer borrowers with at least 2 years of multifamily management experience . Lenders require the property's Net Operating Income (NOI)

To qualify for most commercial multifamily loans, you will generally need to meet these criteria:

Getting a loan for an apartment complex (multifamily real estate with 5+ units) is fundamentally different from a standard home mortgage. In 2026, lenders prioritize the over your personal income, often requiring a detailed analysis of the building's financial performance. Core Loan Requirements for 2026