In this video, Jason Caruso, Sr. VP Operations, and Roger Odoardi, Partner, discuss mortgages on two- to four-family properties. (Anything over a four-family property is considered commercial property.) A multifamily property can help generate income but is a heavy commitment. It’s important to put together a team of contractors to help when things break or need updating, and to choose responsible and respectful tenants.
If you have any questions or are looking to secure the best multifamily mortgage rate, reach out to one of our knowledgeable loan officers.