Virginia Multifamily Loans
Private Multifamily Lender in Virginia
Multifamily loans can help take your real estate investing needs to the next level. Whether you are financing townhomes, condos or student housing or looking to refinance a multifamily portfolio of real estate assets, CoreVest can help. CoreVest has experience working with multifamily real estate investors throughout the state of Virginia.
As Virginia’s multifamily real estate market continues to explode, more and more investors are capitalizing on low entry real estate purchases. Obtaining capital from a traditional bank will only get you so far. As a private multifamily lender, CoreVest can open up your opportunity to invest in more Virginia multifamily properties.
CoreVest Finance is the leading private lender for multifamily loans in Virginia with a total of over $6 billion in loans closed in company history.
CoreVest actively lends multifamily loans for rental properties throughout Virginia
Multifamily Loans Custom Built for Virginia Investors
Whether you buy and hold or fix and flip in Virginia, CoreVest has the capital for your investment needs
Bridge
$2M - $50M
12 to 24 month terms
No call protection /
lockout
Up to 85% of cost
Interest only amortization
No initial DSCR
requirement
Non-recourse
Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case
Construction
$5M - $25M
12 to 24 month terms
No call protection /
lockout
Up to 85% of cost
Interest only amortization
No initial DSCR
requirement
Non-recourse
Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case
Permanent
$1M - $100M
5 or 10 year terms
Call protection / lockout depends on loan term
Up to 75% of value
IO and amortization options
1.20x DSCR requirement on 30-year amortization
Non-recourse
Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case
Questions About The Virginia Market?
Joakim Mortensen
Virginia Chief Client Officer
E: [email protected]
P: (305) 615-4696
Virginia Rental Market Updates
Since the recession, Virginia has been slowly rebounding to a thriving economy. With a high foreclosure rate comes large inventory for investment properties. Each of these cities below show positive signs of population growth, which will bring in new homebuyers and renters.
There are so many great opportunities for multifamily projects in Virginia at the moment. CoreVest Finance can help you finance your next multifamily loan.
Why Partner with CoreVest to Fund Your Next Multifamily Loan?
Experienced – we know your business.
We have partnered with thousands of borrowers to finance residential investment properties across the nation.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
"It’s an honor and a privilege to help real estate investors in Virginia fund their next deal. I have experience working in the Virginia market for many years and can help answer any questions you might have about the local real estate market.”
– Joakim Mortensen, Virginia Chief Client Officer, CoreVest
For more information on Virginia multifamily loans, please call Joakim Mortensen at 305.615.4696, fill out the form below or email [email protected].
Together We Grow
CoreVest continues to grow with our borrowers and remain active participants in the industry
