Welcome to Elite Mortgage, your trusted partner in unlocking the door to multifamily homeownership. Our 5% Down Multifamily Mortgage program is designed to help you invest in income-generating properties with confidence and flexibility. Here's what you need to know about this innovative loan product:

​

What is a 5% Down Multifamily Mortgage? A 5% Down Multifamily Mortgage is a financing option that allows investors to purchase multifamily properties with a down payment as low as 5% of the purchase price. This program enables borrowers to leverage their investment and build wealth through rental income while enjoying the benefits of homeownership.

​

What You Should Know:

​

Property Eligibility: Not all multifamily properties may qualify for the 5% Down Multifamily Mortgage program. Eligible properties typically include two- to four-unit residential properties, such as duplexes, triplexes, and fourplexes. It's important to work with a knowledgeable mortgage advisor to determine the eligibility of your desired property.

​

Rental Income Considerations: Lenders may consider the potential rental income from the multifamily property when evaluating your loan application. This can help offset your monthly mortgage payments and improve your debt-to-income ratio, making it easier to qualify for financing.

​

Property Management: Managing a multifamily property requires time, effort, and resources. Before investing in a multifamily property, it's essential to consider the responsibilities of property management, including tenant screening, maintenance, and rent collection.

​

At Elite Mortgage, we understand the unique needs and goals of multifamily investors. Our dedicated team of mortgage professionals is committed to helping you navigate the complexities of multifamily financing and achieve success in your real estate endeavors. Contact us today to learn more about the 5% Down Multifamily Mortgage and how we can help you build wealth through multifamily investing.