Connecticut Multifamily Commercial Mortgage Loans

Northeast Financial is your Connecticut mortgage financing resource for Multi Family and Investment Property Loans.  We do everything from 1-4 units, 5+ units, apartments, and Mixed Use.  We offer a Stated Income Commercial Mortgage that is ideal for property investors.  We also offer a Residential (low rates) mortgage for people that buy 1-4 unit properties and plan on living in them.  Here is an overview of our two programs:

Residential Financing

-You can own a maximum of 10 residential properties
-1-4 units
-You can “cash out” if you own up to 4 properties
-5 to 10 properties you can only do a Rate/Term refinance
-660 Fico and up is needed
-75% max LTV on up to 4 properties and 70% LTV from 5-10 properties
-5+ units are not counted for the maximum of 10 properties
-30 year fixed terms with very low fixed rates
-On your primary residence you can rate/term finance up to 95% and Cash Out up to 90% LTV.

Commercial Financing

-Unlimited  investment properties are allowed
-1-4 units and 5+ units are acceptable
-Maximum LTV is 75% for Cash Out refinances
-650 Fico and up is needed
-30 year Terms with a 3 or 5 or 8 year ARM options
-Stated Income program that is perfect for self employed borrowers
-Loans can be done as a LLC/Company


We work with many clients that are looking to buy or refinance a multi-family home.  Every deal is different and we have options that cater to all borrower types.  We even offer a 100% financing option through CHFA if you are a first time home buyer and as well we offer a FHA loan that has 3.5% down on Multi Family Properties (both CHFA and FHA require the property be owner occupied).

Call today and lets discuss all of your options.


Thank you,


Michael Meyer
Senior Vice President of Northeast Financial
[email protected]
210 S. Main St Middletown, CT 06457

Company NMLS#117273