Apply for Loan

Let us help you find the right financing to fit your project

Construction Lending

Proprietary financing products for all types of multi-family construction in New York State.

Learn more about Construction Lending

Bridge to Stabilization

Bridge to stabilization: Provides short term take outs of construction loans and finances during property’s stabilization

Bridge to Perm: Secures bridge and permanent financing from one Lender

Up to $8 million in New York State (NYS) and $5 million outside NYS

Construction Financing

Minimum Loan Size: $250,000

Competitive Terms and Rates

Streamlined Approval Process For Loans Under $1 million

Long Term Fixed-Rate Financing

Forward Rate-Lock Up to 24 Months

Minimum Loan Size: $100,000

15 and 30 Year Terms

Non-Recourse (with SONYMA Insurance)

Bridge to Construction Loan

Loans up to $6 million

Highly competitive loan offerings with combination of flexible features

Brownfields Bridge Loan

Short term financing for projects on brownfield sites

Highly competitive loan rates with a combination of flexible features

CPC Mortgage Company

We are a Freddie Mac Optigo lender, Fannie Mae lender, and Federal Housing Administration (FHA) Multifamily Accelerated Program (MAP) approved lender.

Learn more about CPC Mortgage Company

Freddie Mac Targeted Affordable Housing

Fixed or floating-rate financing

Interest-only options available

Up to 80% - 90% LTV

30-year or 35-year amortization

Up to 3.5 year forward rate-lock available

Fannie Mae Multifamily Affordable Housing

Flexible loan terms, and fixed- or variable-rate financing options

Flexible underwriting to specific affordable developments

5 - 30-year terms

Fannie Mae Small Mortgage Loan Program

5 - 30-year terms

Loans from $750,000 to $6 million in eligible markets

Eligibility: Conventional properties; Multifamily Affordable Housing Properties; Cooperative Properties (market rate); and Manufactured Housing Communities.

FHA Section 221(d)(4)

Multifamily construction or substantial rehabilitation financing

Northeast Region and others on case by case basis.

Minimum loan size: $2 million

FHA Section 223(f)

Multifamily refinance and acquisition

Long-Term fixed rate

Freddie Mac Conventional Financing

Loan Size: $5 million - $100 million

5, 7, 15 -Year Terms; 30 Year Amortization Standard

Freddie Mac Small Balance Loan (SBL)

Loan Size: $1 million - $7.5 million

5, 7, 15 -year Fixed-Rate Loan; 20-year Hybrid ARM

30-year Amortization Standard in All Markets